Apple OLED rumors never die. This time these are rather different rumors. According to a Chinese tech blog, Apple and Intel are jointly developing a bluetooth smart watch. This new iWatch (or whatever they'll call it) will have a 1.5" touch PMOLED, apparently made by RitDisplay.

I'm usually quite skeptic on Apple AMOLED rumors, because there's still not enough AMOLED capacity to be used in iPhone or iPod devices. But ramping up PMOLED(Passive Matrix OLED)  capacity shouldn't' be a problem for RiTDisplay (which used to have larger capacity than today, but they shut down some lines due to financial problems). Anyway, if this is true, it's great news for my friends over at RiTDisplay.