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Samsung Signs $4.3 Billion-Deal With Apple to Make OLED Displays for iPhone: Report

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iPhone 8 or iphone X is expected to be lined up this year and Apple is looking to be strongly anticipating to use an OLED panel which is expected to make it the top end model of the year. At this point of time, the company has been rumoured to make use of the displays from several manufactures including Japan display, Samsung, LG and Sharp. Now a new report claims that an amount of $4.3 billion (roughly Rs. 28,805 crores) is dealing to manufacture 60 million OLED panels.

Samsung Signs Deal With Apple to Make OLED Displays For iPhone

This is the second major deal for OLED panels between the two companies, as reported by a south Korean publication. The first deal said to be taken place for 100 million display panels, it is something which was reported as far as back April last year.

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Samsung is known to be making 160 million OLED display panels for iPhone models this year – which in combine is the 80 percent of Apple’s total iPhone shipments in 2016 when it shipped million units. Combining the massive number,  if the report is true, Apple is likely to use OLED panels on all iPhone models this year, rather than the top end all glass model that’s been rumoured thus far.

Several changes are expected to be introduced with the 2017 iPhone models, apart from this change in OLED  display though it is still a suspicious thing that which model is getting which features. Wireless charging (either a conventional inductive charging or either a radical implementation of charging at a distance, improved 3D touch, narrow bezels, a home button integrated into the display, iris scanner or a facial recognition as well as a dual rear camera setup. The company looks to be anticipated to launch three models – a 5 inch iPhone 8 or iphone X, a 4.7 inch iPhone 7s and a 5.5 inch iPhone 7s Plus.

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