In 2017, Samsung invests 8.9 billion in expanding the production of OLED displays
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POSTER: computer news || IN 2017, SAMSUNG INVESTS 8.9 BILLION IN EXPANDING THE PRODUCTION OF OLED DISPLAYS |
DATE:2017-04-03 |
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Samsung Display, being a leading manufacturer of OLED displays, plans to invest a large amount in production expansion . According to the publication, this year Samsung Display is investing in the expansion of production of OLED-panels about $ 8.9 billion. One of the reasons why Samsung decided to spend such a huge amount is called getting a large exclusive contract from Apple to supply OLED-displays for the new iPhone . Samsung Display owns 95% of the market for OLED panels. According to analysts, about 70% of Samsung smartphones are equipped with OLED-displays. But Samsung Display produces OLED-screens not only for their mobile devices, but also for smartphones from other manufacturers, including Chinese ones. To meet the growing demand for OLED displays and to maintain market share, Samsung needs to expand production lines and increase production volumes. The jubilee model, known as the iPhone 8, will be the first smartphone with an OLED display. It will be released in September 2017, along with the iPhone 7s and iPhone 7s Plus, which will be equipped with LCD-displays. The final transition of the iPhone to OLED will take place in 2018 or 2019. According to rumors, Apple has signed with Samsung two contracts for the supply of 160 million OLED-panels for the new iPhone. For 60 million displays Apple will pay Samsung $ 4.3 billion. | ||
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IN 2017, SAMSUNG INVESTS 8.9 BILLION IN EXPANDING THE PRODUCTION OF OLED DISPLAYS |
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In 2017, Samsung invests 8.9 billion in expanding the production of OLED displays (2017-04-03)
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