Samsung may spend $7.47 billion to be an even bigger part of iPhone 7

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The Apple brand is the big difference.
Friends forever?
Photo: Killian Bell/Cult of Mac

The iPhone 7 will be big business for Apple, but you know who else will be benefitting from it? That’s right: Apple’s long-time frenemy, Samsung.

Despite its own smartphone business running into problems, Samsung will reportedly play a massive part in iPhone 7 manufacturing. As well as the storage chips, RAM and processors Samsung already builds for Apple, a new report from Korea claims that Samsung Display is also Cupertino’s pick to supply Apple with flexible OLED panels for future iPhones.

And Samsung was willing to drop some serious coin to secure the contract.

Apple is close to signing deal for OLED iPhone displays

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OLED displays are on their way.
Photo: Jim Merithew/Cult of Mac

The arrival of OLED displays for future iPhones is looking more of a sure thing than ever, with a new report stating that Apple is on the verge of finalizing an agreement with Samsung Display and LG Display to build its future screens.

According to sources, Samsung will produce around 90,000 OLED substrates per month for Apple, while LG will produce 60,000.

Total number of smartphone displays that should generate? The report doesn’t make it explicitly clear, but it is likely to be in the region of 400 million displays per year.

Apple will continue its reliance on Samsung for OLED iPhone displays

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Apple is turning to its long-time frenemy for OLED displays.
Photo: Jim Merithew/Cult of Mac

People who are hoping Apple will one day sever ties with Samsung as a supplier are likely to be sorely disappointed, as a new report states that Apple will be relying on OLED displays from Samsung Display when it makes the switch to OLED screens for future iPhones.

Apple in talks to secure OLED panels for iPhone 8

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3D Touch provides super useful home screen shortcuts.
OLED iPhone displays are coming.
Photo: Jim Merithew/Cult of Mac

It’s hardly speculation to suggest that, as soon as Apple is rumored to be entering a new area of production, every manufacturer with capacity wants to get in on the new opportunities.

The latest example of this is Japan Display, which is reportedly in the early stages of converting one of its factories in Ishikawa factory into an test production line to try and win iPhone orders when Apple switches to using OLED displays in the near future.