By Jamie Barrie T he answer might be right in front of you if you have an iPhone X already. Samsung is the only company that makes OLED displays that meet Apple’s requirements and the only supplier that can meet Apple’s needs for the iPhone X. Apple has been on the hunt for other OLED display makers for the iPhone, in an effort to limit its reliance on Samsung however, that is not going to happen any time soon which is good news for Samsung. Industry sources say that Samsung will supply Apple with up to 200 million flexible OLED screens for iPhones next year. That’s four times the amount of displays it sold Apple this year, which will generate about $22 billion in revenue for Samsung.
This comes at a good time for Samsung as it is expected that the company’s smartphone sales will drop next year selling about 4 million fewer phones in 2018 compared to 2017.
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SPOTLIGHT ON BUSINESS MAGAZINE • DECEMBER 2017
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