iPhone 8 – Apple contracted Samsung for OLED screens

The iPhone 8 will benefit from OLED screens manufactured by the Samsung company, Apple contracting it to buy components in the next 2 years.

iPhone 8 it will have OLED screens manufactured by the Samsung company, and according to some information that appeared today, we also find out the duration of the contracts arranged by the Apple company. According to the data, those from Apple would have signed contracts with Samsung for the purchase of OLED screens in the next 2 years, for iPhone 8 and future models.

Apple is going to pay no less than 9 billion dollars to Samsung for the OLED screens supplied in these 2 years for the iPhone 8 and other models of its smartphones. The OLED screens for iPhone 8, and not only, are going to be slightly curved outwards, as are the current screens used in iPhone 7, or previous models.

Based on this contract, Samsung will supply between 70-92 million small OLED screens for the iPhone 8 only during 2017. If all deliveries are made, then we can expect that a third of all iPhone terminals sold during 2017 to be iPhone 8, Apple selling a little over 200 million iPhones annually.

iPhone 8 – Apple contracted Samsung for OLED screens

In order to support their commitments to Apple and other partners, Samsung is investing 9 billion dollars in factories in 2017, mainly for iPhone 8. Also for iPhone 8, Samsung is rethinking a factory in Asia for to no longer manufacture LCD screens, but OLED screens, helping the Koreans to respect their contract with Apple.

At the moment, Samsung is the largest producer of OLED screens for electronic products, and for the iPhone 8, Apple had no one else to choose. Samsung will be the exclusive supplier of OLED screens for iPhone 8, and this is because Apple is obliged to collaborate only with Koreans in order to be able to launch its terminals.

"Apple has reportedly signed a two-year contract with Samsung Display for the supply of KRW10 trillion (US$9 billion) worth of small-size curved OLED panels. Based on the contract, Samsung Display will ship 70-92 million small-size OLED panels to Apple in 2017, said the reports. This means that about 30% of iPhone devices shipped in 2017 will come with curved OLED panels, given that Apple currently ships about 200 million iPhone devices a year."

iPhone 8 is going to be released in the fall of this year by the Apple company, but for now it is not known if it will reach the market in September, October, or November. The iPhone 8 launch period could also be determined by the availability of OLED screens from Samsung, so it will be interesting to see how things will evolve.

iphone 8 samsung contract