Samsung Is Reportedly Close To Becoming OLED Display Supplier For Future IPhones

By 12:43 Thu, 29 Jul 2021 Comments

A recent rumor out of South Korea says that Samsung and Apple are in advanced talks about the former supplying the latter with Organic Light-Emitting Diode (OLED) display panels for future iPhones. A deal hasn't been concluded yet, but apparently that's very close to happening.

As such, the Korean company is looking to increase its Organic Light-Emitting Diode (OLED) panel output in order to be able to meet the bigger demand that it shall face if it becomes Apple's supplier. In fact, Samsung could actually decide to build an entire Organic Light-Emitting Diode (OLED) production facility just to supply Apple, if the deal goes through of course. It's possible that Apple will finance such a move, at least in part.

The first step in Samsung's strategy is already occurring, as it is selling one of its Liquid Crystal Display (LCD) manufacturing facilities' equipment to a Chinese company. The money it will gain from this go will be used only to increase Organic Light-Emitting Diode (OLED) panel production capacity.

And if it builds production lines solely for Apple, Samsung could become the Californian company's biggest supplier of displays, moving past LG Display, certain unnamed sources are speculating. Samsung is already making Organic Light-Emitting Diode (OLED) panels for the Apple Watch, so a deal for iPhones would be an extension of an existing agreement.

Samsung is going to face competition in the Organic Light-Emitting Diode (OLED) classy screen space from quite a few Chinese companies that have all planned to build production facilities soon, so it can no longer afford not to aggressively invest in its own lines.

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