Samsung signs deal with Apple to become their main flexible OLED supplier

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It has been rumoured for quite a while that Samsung is in talks with Apple to supply OLED screens for upcoming iPhones. Well, it now seems that they have come to an agreement which makes Samsung the largest flexible OLED supplier for Apple.

This also confirmed the rumours that Apple will be switching from LCD panels to OLED panels for its iPhones sometime in 2018. That means that the iPhone 8 or whatever that generation of iPhones will be called will come with OLED panels that will further increase its quality and desirability.

iPhones have always had good displays but they don’t offer as  deep blacks or contrast levels as other smartphones with OLED display. Samsung is also planning to invest heavily to meet Apple’s demand.

Samsung will invest between US$ 2.49 billion and US$ 3.32 billion in OLED plants by end of 2016. They will further spend another US$ 6.64 billion by the end if 2017 to increase the capacity by an additional 45,000 OLED units per month. They would also invest around US$ 830 million in order to expand their production capabilities for Samsung Galaxy and other Chinese smartphones.

Source | Via

Author: Sandeep Sarma

Sandeep Sarma is a blogger and a freelance photographer. Apart from gadgets and phones, he also has a passion for movies and cars. He currently uses the S7 Edge as his main phone. Catch him on twitter at @sandeep9sarma