By news@appleinsider.com (William Gallagher) Apple is believed to be the unnamed customer whose sudden cancellation of orders for micro LED displays thought to be for the Apple Watch Ultra has caused ams Osram’s shares to drop 40%.Apple Watch UltraNeither ams Osram nor Apple have ever confirmed that the Austrian firm is a supplier of micro LED displays for the next Apple Watch Ultra. However, it has previously been linked to the company, and in 2023 reported that it would see increased revenues in 2025, when the Apple Watch Ultra 3 with the technology was expected to arrive.Whether the client is Apple or not, ams Osram is now reeling after a seemingly abrupt and total cancellation of a major order for micro LED. The company announced the issue to comply with the SIX Swiss Exchange. Continue Reading on AppleInsider | Discuss on our Forums

Source:: Apple Insider