Apple ready to finalize deal with Samsung for OLED displays

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Samsung Electronics may not be making the guts that will go into the next iPhone, but it will be making the Snapdragon 820. But applications processors aren’t the only components the manufacturer makes; it’s also into displays. And with Apple looking to change up its display technology come the year after next, what better time than now to prepare for things.

Reports from inside sources say Samsung will invest up to $7.5 billion in facility expansion and new equipment to produce flexible OLED displays per month for future iPhones. Apple will order between 30,000 and 45,000 displays a month and may exercise an option to bump quotas to 90,000 screens per month in 2017. First orders will come in from Apple around the end of the quarter.

Samsung may spend up to $3.3 billion this year alone to grow its screen production capacity to support its current orders, including its own Galaxy phones.

At best, this deal will yield only about 2.3 million panels for Apple to use by September of 2018. Analysts expect OLED displays to make their appearances on what would be the iPhone for that year.

Source: ETNews
Via: 9to5Mac

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About The Author
Jules Wang
Jules Wang is News Editor for Pocketnow and has been on the team since May of 2015. Before that, he was a production intern, editing and producing the Pocketnow Weekly podcast and also editing other video projects from the team. He is a Emerson College graduate of 2015 with studies in journalism.