Samsung to invest up to $7.47B in developing flexible OLEDs for future iPhones

Samsung logoA contract with Apple has "practically been decided," according to South Korea's ET News. Samsung Display is expected to grow capacity by 30,000 to 45,000 substrates per month in 2016, and could add another 45,000 per month in 2017, depending on orders.

That would mean between $2.49 billion and $3.32 billion spent this year, with totals ultimately hitting $6.64 billion to $7.47 billion if hopes for 2017 pan out. The company may potentially spend over $830 million extra in 2016 if it builds out capacity for Chinese smartphone makers, as well as Samsung's own Galaxy phones.

Another report recently indicated that Apple is planning to pump money into AU Optronics to help it become an AMOLED supplier for iPhones. Both claims could potentially be accurate, since Apple generally prefers having more than one display maker for iPhones, and Samsung is a much larger manufacturer. Indeed, LG Display may also be poised to join in.

It's not clear when Apple would launch an OLED-equipped iPhone, as some reports have suggested it won't happen until at least 2018, or even 2019.

Source: AppleInsider

Tags: Apple, iPhone, OLED, Samsung

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

A mobile hotspot in Australia will be capable of hitting gigabit speeds on the go
A new game could be in the works as Blizzard appears to have been hiring for a Diablo-related project
Nokia CEO Rajeev Suri will speak at MWC 2017
However what if you could go way, way back?
The Helio P15 packs an octa-core Cortex-A53 processor clocked at 2.2GHz
Samsung claims up to 27-percent higher performance or 40-percent lower power
Preliminary data for October shows another Windows 10 boom
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4

News Archive



Do you use microSD card with your phone?
or leave your own version in comments