The largest manufacturer of OLED displays is the South Korean Samsung, which holds a respectable 95% of the market in this sector. Expectations are high, demand for displays is expected to increase next year, and Samsung intends to prepare accordingly. According to the latest information, it is planning to expand its production, in which it will invest 8,9 billion dollars, which in conversion is 222,5 billion crowns.
The main reason why Samsung invests so much money in this industry is primarily phones iPhone 8 and its successors. This year, only the most expensive version of the iPhone 8 should see an OLED display, but next year it is estimated that Apple will deploy OLED displays in other versions as well, and the demand for panels will thus be huge.Apple is not the only one reaching for OLED displays. Demand is also growing from various Chinese manufacturers, which Samsung is aware of and is trying to prepare in time for a large increase in demand.
It may seem like an investment of 8,9 billion dollars is too high, but it is not. If we consider that you Apple has so far ordered 60 million displays at a price of 4,3 billion dollars, and the concluded contracts include a total supply of 160 million units, Samsung will pay back the investment very quickly.
Source: PhoneArena
