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.
Samsung Display, a subsidiary of Samsung Electronics, recently won a deal with Apple to supply its high-quality OLED panels for use in the next iPhone and now the South Korean company is spinning off its organic light-emitting diode (OLED) unit, The Korea Times reported Monday.
Samsung Display reported a 270 billion won (about $235.2 million) operating loss during the first quarter of this year due to the struggling LCD business and strong competition from Chinese makers of low-cost LCDs for mobile devices.
LG Display, Japan Display, AU Optronics, Samsung Display and Foxconn-owned Sharp are all said to share production of AMOLED panels for future iPhones, with Samsung alone providing an estimated 240 million AMOLED units in the next three years beginning in 2017, DigiTimes Research predicted yesterday.
Samsung is the world’s top producer of AMOLED panels. When deployed to the iPhone, this technology will result in crisper colors, deeper blacks, increased brightness, high visibility under direct sunlight and reduced power consumption.
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.
A report Wednesday by ET News contends that Apple is “close” to signing a definitive supply agreement with both Samsung Display and LG Display concerning OLED screens for future iPhones.
Although iOS devices have used ubiquitous liquid-crystal display (LCD) panels since their inception, organic light emitting diode (OLED) technology features deeper blacks and requires less power because it doesn’t need a power-hungry backlight module to illuminate the pixels.
Samsung, which uses AMOLED screens in many of its flagship smartphones and tablets, could become a major provider of OLED panels for the iPhone maker as a deal is all but secured, according to an ETNews report Friday citing a Samsung Display employee.
The report arrives hot on the heels of a research note that KGI Securities analyst Ming-Chi Kuo sent to clients earlier this week, in which he estimated that Apple won’t be switching to AMOLED screens for iPhones anytime soon and will continue using the existing LCD display technology for at least the next three years.
Samsung’s has devoted a team comprised of two-hundred skilled engineers to build mobile displays exclusively for Apple. The move indicates that the two technology giants are strengthening business ties, patent disputes notwithstanding, Bloomberg reported Wednesday.
The team formed April 1 and also helps with sales, people with direct knowledge of the matter said. In addition to the improved business relationship, analysts think the exclusivity of the business arrangement might indicate that Samsung Display could win more screen orders from Apple in the near future.