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Apple orders 60 million OLED panels from Samsung

Apple iPhone 7 flagship successor to use OLED panels made by Samsung
Apple iPhone 7
Last year, Samsung Display struck a deal to supply 100 million OLED panels to Apple for the upcoming iPhone 8, and now they have just signed up for an additional 60 million units, worth around $4.3 billion.
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Apple seems to have big plans for the upcoming iPhone flagships since insiders familiar with the workings of the industry revealed that two big deals had been signed so far with Samsung Display. According to these sources, Apple ordered no less than 160 million OLED panels.

The Investor writes that the latest deal between Samsung Display and Apple involves the manufacture of 60 million OLED panels and is worth no less than $4.3 billion. Back in 2016, the two companies signed a similar agreement for the supply of 100 million OLED panels.

The upcoming iPhone 8 flagship will be the first Apple smartphone to use the OLED technology. The Cupertino giant currently acquires LCD panels for the iPhone flagship from multiple sources, including Sharp, Japan Display, and LG Display. Apple's main rival Samsung already uses OLED panels for almost 70 percent of its smartphone models.

The deal has not been officially confirmed yet.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5461 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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Codrut Nistor, 2017-02-14 (Update: 2017-02-14)