Samsung is looking for a $4.3B supply deal with Apple for OLED panels


Samsung Electronic finalized a deal with Apple to supply the Cupertino-based company with 60 million OLED panels for the next-generation iPhone. But company still did not made any comment on that. But this news is coming from trustworthy sources.

To recall you, This is the second deal between the sides – previously they signed an arrangement that Samsung will supply 100 million OLEDpanels for the upcoming iPhone.

According to the source and Apple’s financial results, since 200 million iPhones were sold in 2016, the combined 160 million displays will make up about 80% of all shipments. Industry sources hinted about an OLED display only in the premium Apple model, but this deals suggest otherwise.

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