Samsung to Supply Apple with 60 Million OLED Displays
According to reports coming out of South Korea today, Samsung Display has been able to reel in a deal with Apple to supply the Cupertino firm with up to 60 million OLED displays, in addition to the already 100 million the Korean manufacturer has agreed to supply. The new agreement is worth around $4.3 billion and means that the next-generation iPhone, likely to be launched in September 2017, will mostly use Samsung displays. It should be noted that neither corporation has at time of writing has confirmed the news.
As around 200 million of the new iPhones are supposed to ship, the fact that Samsung will supply 160 million screens means that 80 percent of the new smartphones will have Korean-made displays. On top of that, it also could be that more variants of iPhone will have OLED displays, which first were supposed to only go to the premium versions, when it comes out later this year.
This is great news for consumers, as they will now be able to get higher-quality screens on their new iPhones, but rather bad news for Apple’s competition as this may lead to a shrinking of the supply for this type of screen; Samsung Display manufactures around 95 percent of mobile OLEDs and it is unlikely the Korean corporation will sell to anyone else besides Apple or its own parent thanks to the new deal. It seems that for the foreseeable future, at least, the only smartphones carrying OLED screens may very well be Apple and Samsung products.
With the new iPhone 8 due out in fall and the new Samsung S8 coming sometime in the spring, it seems that 2017 will be the year for mobile OLED screens. Whether any other manufacturers will be bringing out handsets with this type of screen remains to be seen, currently it seems these two giants have the market locked up.
Fergus has been tinkering with computers since he was a kid and likes to put a stop to parties by listing the specs of all the digital devices in the room. It's best not to let him near your computer since he'll take it apart and may not put it back together again before he leaves.