Apple has really decided to abandon the use of LCD-displays for the iPhone in favor of OLED. According to knowledgeable sources, it has already signed a contract with South Korea's Samsung Display for the supply in 2017 of 100 million 5.5-inch panels, OLED. They probably will find their application in the iPhone 7s Plus.
According to GSMArena, specifically to fulfill the order received from Apple, Samsung has allocated a separate production line at its factory in Asan, South Korea in South Chungcheong Province. It is noted that the contract for the supply of OLED-panels was imprisoned for three years, and its amount is about $ 2.59 billion.
In the meantime, Apple cuts iPhone production volumes. According to journalists, demand presented last fall the iPhone 6s and iPhone 6s Plus lower than planned, due to what Apple had to adjust orders. In the first quarter 2016 iPhone production decreased by about 30% compared to the same period last year. Reduced issue volume is expected in the current quarter. This information will adversely affect the value of Apple shares, which fell to $ 109.85 per unit.
Previously, Apple warned its shareholders that the first iPhone sales decline may occur in the first quarter of 2016.
By the way, the Taiwanese company Taiwan Semiconductor Manufacturing Co (TSMC), which is one of the largest suppliers of chips for Apple's, predicts a fall in revenue in the second quarter of 2016. This is due to the decline in demand for smart phones costing more than $ 500.