Samsung Display

Nikkei: Apple places order for 70 million bendable OLEDs for iPhone 8 with Samsung

Apple has placed a huge order for seventy million bendable organic light-emitting diode (OLED) panels with Samsung’s display-making arm for use in iPhone 8, Nikkei reported Monday. Apple and Samsung Display, a subsidiary of Samsung Electronics, signed a deal last year to supply 100 million OLEDs for iPhone 8. In February 2017, Apple contracted Samsung to build an additional 60 million OLEDs for a total of 160 million units in 2017.

Apple reportedly orders 160 million OLED panels for iPhone 8 from Samsung Display

Apple has apparently signed a deal with Samsung Display, a subsidiary of Samsung Electronics, to build an additional 60 million organic light-emitting diode (OLED) panels for iPhone 8, The Korea Herald newspaper reported Monday. The deal is worth five trillion Korean won, or about a $4.3 billion.

The deal is in addition to an agreement that Apple and Samsung signed last year to supply 100 million OLED display panels for iPhone 8.