Samsung is spending $9 billion on a iPhone

Samsung is flattering upbeat about a Galaxy S8, a initial vital mobile exam after a large Galaxy Note 7 debacle. While a Galaxy S8 will pierce in a ton of cash, Samsung is also be flattering vehement about a iPhone 8’s attainment this year, that will be a initial Apple smartphone to competition an OLED screen.


A new news from South Korean news site The Investor says Samsung Display is going brazen with a skeleton to enhance a OLED production. The association will spend 10 trillion won ($8.9 billion) this year alone on a expansion, according to a site’s sources.

Apple’s preference to pierce to OLED record is approaching what motivated Samsung Display to go forward with this large investment. Apple still continues to set a tinge in a mobile market, and other phone makers are approaching to follow a “lead” in a nearby future. Samsung, however, has been regulating OLED screens in a Galaxy-branded handsets for years, while Apple pushed LCD record to a boundary in a iPhones.

The OLED displays in new Galaxy S and Galaxy Note models have perceived rave reviews, charity higher opening when compared with same-year iPhone rivals.

Samsung now has some-more than 95% of a market, and that’s because Apple chose Samsung Display as a retailer for a OLED iPhones. Samsung Display rivals are also investing heavily in their OLED arrangement prolongation lines, though Samsung has a outrageous advantage when it comes to altogether production.

Samsung is substantially looking to keep Apple’s arrangement business in the coming years and yield OLED screens to other companies as well. The news records that Chinese smartphone makers are also seeking to implement OLED screens in their high-end handsets in a future. Samsung is also regulating OLED screens in 70% of a phones, not only a high-end models.

Recent reports pronounced that Apple and Samsung inked during slightest dual OLED arrangement contracts for a sum of 160 million OLED panels. Apple concluded to compensate $4.3 billion for 60 million OLED displays, that explains because Samsung’s prepared to dedicate so most income to upgrading a OLED prolongation capacity.


Do you have an unusual story to tell? E-mail stories@tutuz.com