Samsung Display has reportedly won another contract worth $4,3 billion from a rival company Apple. This part of the South Korean giant is supposed to supply the Apple company with a 60 OLED display for the upcoming iPhones. This is a relatively new agreement between the companies. Last year, Samsung Display signed with Applem already one contract, which also related to the supply of OLED panels for iPhone 8. In it, Samsung committed to supply the giant from Cupertino with 100 million displays. Yes, you guessed it right, Samsung is Apple for finding iPhone will deliver a total of 160 million OLED displays, while iPhone 8 will be the first Apple phone with this technology.
On average Apple sells an incredible 200 million units of new iPhones in one year. As a result, this means that Samsung will provide 80% of the supply of OLED displays for iPhone 8, which will of course guarantee him considerable income.
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