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.