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For people with big hands — or who claim to have them, like Republican presidential candidate Donald Trump — Apple ( AAPL ) is working on a 5.8-inch smartphone. It’s “yuge,” as Trump would say. The Motley Fool and other news websites, citing a prepublication note from Taiwan-based tech publication DigiTimes, said that Apple plans to launch the 5.8-inch iPhone as early as next year, but more likely 2018. Apple currently sells iPhones in screen sizes of 4, 4.7 and 5.5 inches. The largest model is designated as Plus, with the iPhone 6S Plus being the latest handset in that class. The jumbo-screen iPhone would use an AMOLED (active-matrix organic light-emitting diode) display, which allows for thinner, more power-efficient displays than current LCD screens. AMOLED screens also boast more vivid colors, deeper blacks, better contrast and higher color saturation. Possible suppliers of the AMOLED screen include Samsung Display, LG Display ( LPL ) and Japan Display, DigiTimes said. If Apple launches the AMOLED screen smartphone in 2018, it would likely be called the iPhone 8, given the company’s naming pattern. Apple’s use of AMOLED displays would benefit Coherent ( COHR ), a maker of laser systems used in the manufacturing of technology including flat-panel displays, says Stifel Nicolaus analyst Patrick Newton. On Tuesday, Newton reiterated his buy rating on Coherent and raised his price target to 100 from 82 on the expected rise in demand for organic light-emitting diode, or OLED, displays in smartphones and other devices, Barron’s reported . Another likely beneficiary of Apple’s use of AMOLED displays would be Universal Display ( OLED ), which develops OLED technology. No word on what the 5.8-inch iPhone would be called. But to interest Trump — who defended the size of his hands on the campaign trail after taking a jab on that, of all topics, from rival candidate Marco Rubio — the new monster iPhone might have to come in gold. RELATED: Apple iPhone Demand ‘Soft’; Stock Gets Price Target Cut Apple Working On Dual-Camera iPhone 7 Plus Smartphone: Analyst . Scalper1 News
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