Samsung Reportedly Investing Up To $7.5 Billion To Be Ready To Be Apple’s Primary OLED Supplier

Rumors have been swirling for years that Apple would be using an OLED display in the iPhone at some point, and as we get closer those rumors are only looking more and more true. Now Korea’s ET News is claiming that Samsung will be the supplier for Apple’s OLED displays stating that an agreement has “practically been decided”. They point out that Samsung may be looking to invest up to $7.5 billion on equipment in order to be better prepared to produce these displays. An initial investment would consist of about $2.5 billion to $3.3 billion however.

There’s a small chance that OLED could make it’s debut on an iPhone later this year with the launch of the iPhone 7, but it’s far more likely that this change would take place in 2018 as KGI has previously stated.

Some of the reasons Apple may be looking to switch to OLED in the iPhone could be due to the fact that OLED panels can be much thinner than LCD panels and that they can also product more vivid colors and even provide power savings. Costs are higher however, so we’ll have to wait and see what Apple decides to do. For now it’s safe to assume Apple will stick with LCD especially considering one of their key suppliers, Foxconn, has recently invested over $4 Billion into a new LCD plant for producing iPhone displays.

Via: 9to5Mac
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