Samsung Reportedly Invests $7.47 Billion To Make Flexible OLED Displays For Apple IPhone

Posted: Jan 14 2016, 2:40am CST | by , Updated: Jan 14 2016, 10:48am CST, in News | Apple

Samsung Reportedly Invests $7.47 billion to Make Flexible OLED Displays for Apple iPhone

A new report says that Samsung will supply flexible OLED displays for a next generation iPhone.

The Apple iPhone has been rumored for years to adopt OLED displays. Will it happen in the iPhone 7? A new report out of South Korea says that Samsung Display is getting ready to make flexible OLED displays for Apple.

Samsung is supposed to invest $7.47 billion ($9 trillion KRW) in OLED display production manufacturing equipment. ET News is claiming that Apple wants curved OLED screens as Apple is shifting away from the current LTPS TFT LCD screen technology.

Samsung Display is supposed to produce 30,000-45,000 substrate sheets in 2016 followed by 45,000 sheets in 2017. The $7.4 billion investment have a 2-year time frame according to the report.

Samsung Display is on top of that investing about $832m to make OLED displays for its own Galaxy smartphone line and Chinese smartphone makers.

It is hard to gauge if this report has any merit. ET News claims in its report that the contract between Apple and Samsung Display has "practically been decided."

The iPhone 7 is expected to have an all-new design. Will Apple copy the Galaxy S6 Edge design with curved screen iPhone 7? I doubt that, but then Apple copied Samsung in offering large screen iPhone 6 Plus.

Flexible OLED screens can though be used to not only make a screen extend over edges. The latest flexible OLED screen can be folded and rolled up.

This is not the first time that Apple is rumored to adopt flexible OLED screens for the iPhone. End of last year Japanese Nikkei reported that Apple is talking to LG and Samsung to supply flexible OLED screen sfor the 2018 iPhone, which would be the iPhone 8.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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