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UPDATE 3-Apple partners with TSMC to develop micro OLED displays for AR devices - Nikkei

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(Adds TSMC response)

Feb 10 (Reuters) - Apple Inc has partnered withTaiwan Semiconductor Manufacturing Co to develop microOLED displays, which it plans to use in its upcoming augmentedreality (AR) devices, Nikkei Asia reported on Wednesday.

Apple is collaborating with TSMC, the sole supplier ofiPhone processors, as micro OLED displays are far thinner,smaller and use less power, making them more suitable for use inwearable AR devices, the report said.

The displays under development are less than 1 inch in size,Nikkei added.

Bloomberg News in January reported that Apple was stillworking on underlying technologies for its AR glasses, codenamedN421. It said the product was several years away, citingsources, but added that Apple has previously targeted as earlyas 2023 to unveil it. (https://bloom.bg/36XWuj9)

The micro OLED project with TSMC is currently at the trialproduction stage and will take several years to achieve massproduction, according to Nikkei.

TSMC declined to comment, while Apple did not immediatelyrespond to a Reuters request for comment.(Reporting by Arghyadeep Dutta and Shubham Kalia in Bengaluru;Editing by Devika Syamnath)