Possibly flush with OLED screen orders for the "iPhone 8," Samsung is reportedly beefing up its production capacity by building new factories at a pair of new sites in South Korea.
Possibly adding to deal in 2016, a report from South Korea has emerged claiming that Apple has entered into a $4.3 billion contract with Samsung for 60 million 5-inch OLED screens potentially destined for a next-generation iPhone.
Samsung Display is reportedly planning to spend up to $7.47 billion on expanding manufacturing capacity with the long-term goal of producing flexible OLED panels for future iPhones.
LG Display is planning to spend up to $4.2 billion on a new factory in Paju, South Korea in order to meet demand for OLED screens -- some of which could potentially make their way into future Apple products.
SEOUL (Reuters, Se Young Lee) — South Korea’s LG Display Co Ltd and the panel-making unit of Samsung Electronics Co Ltd will supply organic light emitting diode (OLED) screens for Apple Inc’s iPhones, the Electronic Times reported o...