Rumor: Samsung pouring $7+ billion into flexible OLED production for iPhones

By , Jan 14, 2016

iPhone 6 inside view retina hd display

Korean outlet ET News said Thursday that a contract between Samsung and Apple on supplying flexible OLED screens for future iPhones has practically been agreed upon, with the South Korean conglomerate committing to a whopping $7.4 billion in capital expenditure over the next couple of years to buy OLED manufacturing equipment needed to produce about 30,000 to 45,000 OLED sheets per month.

Although Apple is said to have secured agreements with other panel makers for OLED technology, the size of the investment suggests that Samsung is about to become Apple’s biggest flexible OLED provider.

Analysts and supply chain specialists don’t think Apple will start outfitting iPhones and iPads with power-efficient OLED screens before 2018 though the report states that Samsung will receive orders from Apple starting from the end of the first quarter at the earliest, suggesting these panels could be for the next iPhone, the iPhone 7.

A plan to invest an additional $6.64 billion to increase production by 45,000 sheets per month in 2017 is also included in this contract. Apple currently uses LG-made flexible OLED panels in its watches and is expected to make a switch from LCD to OLED screen technology for its iPhone lineup in.

The Cupertino firm may also order OLEDs from suppliers AU Optronics, LG Display and Japan Display.

Source: ET News

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  • Newgunnerr

    Pff I can’t wait for the iPhone 7+, my iPhone 6 has become so sluggish (even after a fresh restore). It was so incredibly fast when I bought it on release on 8.0

    • iPhoneWINS

      lol… how ironic.. the mistake you made was not buying the 6S like apple wants you to

    • Bugs Bunnay

      Aw crap are you serious? My 6 is on 8.4 jailbroken. Shouldn’t update then?

      • Shinonuke

        Hold off for a bit. My 6s plus is jail broken on 9.0.2 and it’s giving me so much problems. I have to respring every few days because the text native app refused to work properly or my wifi/network won’t connect. A respring usually fixes it but it’s such a hassle when you’re in an pinch

  • iPhoneWINS

    Im getting the 7 as soon as it is jailbroken..

  • Jerry

    Why are they taking so long to switch to oled

  • Bugs Bunnay

    Finally samsung. Finally.

  • Chindavon

    Frenemies forever.

  • mav3rick

    Good that Samsung has same leverage, not like GT Advanced.