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Samsung invests $7.4 billion in the production of flexible OLED screens for future iPhone

Samsung invests $7.4 billion in the production of OLED displays for iPhone. We are talking about flexible screens, which will find application in smartphones Apple next generation. The investment will be spent over the next two years.

According to IT the Korean edition ETNews citing their reliable sources, Samsung and Apple are close to an agreement on the supply of screens on organic light emitting diodes for iPhone and iPad. It is noted that the discussion on a possible deal is in the final stages, and the company is close to signing an agreement.

It is also reported about the investment of $823 million to increase production of components for OLED screens to meet the demand of Chinese manufacturers, as well as their own, increasing production of mobile devices range Galaxy.

Currently Samsung is the only provider of OLED displays for Apple Watch, while the competition from Japan Display, LG Display and Sharp will have to share the contract to produce LCD panels for the iPhone and iPad. Manufacturing large-size OLED production requires more production resources, and the cost of these screens is higher than that of LCD panels that, according to observers, may be the main reason for the first absence in iOS devices.

Previously, KGI Securities analyst Ming-Chi Kuo, who often shares reliable information about future updates to Apple suggested that the company from Cupertino will ignore the use of OLED in smartphones until at least 2018. According to ETNews, the Samsung orders from Apple will arrive no earlier than the end of the first quarter of 2016.

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