Samsung and LG Display Near Agreement With Apple to Supply OLED Displays for iPhone

Samsung and LG Display Near Agreement With Apple to Supply OLED Displays for iPhone

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Samsung and LG Display are close to signing a final agreement with Apple to supply OLED displays for the iPhone, according to the Electronic Times via Reuters.

The report corroborates an earlier one from iNews24 which predicted Apple was likely to source displays from both manufacturers.

Back in November, Japan's Nikkei newspaper reported that would begin using OLED displays for the iPhone in 2018. If Apple keeps its existing naming convention, that would be the iPhone 8.

Samsung and LG are expected to put 15 trillion won ($12.8 billion) into building up their OLED production capacity over the next two years to handle the additional demand. Apple will likely help the companies with some of the capital expenditure.

It's believed that Samsung is likely getting a larger percentage of orders than LG.

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Read More [via Reuters]


Samsung and LG Display Near Agreement With Apple to Supply OLED Displays for iPhone
Jon Ivy - December 30, 2015 at 5:35pm
2018, well, that sucks ! IPhone 7 already outdated before Launch !
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