Samsung Display should exclusively build curved OLED screens for iPhone 8 during the next two years. The Korea Herald suggested Monday that other South Korean firms have won important contracts for iPhone 8, too.
A report in ETNews, cited by DigiTimes, claims that Apple recently negotiated a major two-year supply deal with Samsung Display, a subsidiary of Samsung Electronics, regarding curved OLED panels for future iPhones. Samsung’s display-making arm produces more than 90 percent of all OLED panels for smartphones and tablets.
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 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.