Samsung And Apple Working Together
Samsung is going to be supplying OLED Display Panels to its rival, Apple.
It seems that these two biggest rivals in the electronic industry are finally getting along, at least this can be said for this recent deal where Samsung Electronics Corporation Limited is going to supplying Apple Inc. with OLED display panels. In this three year contract, the South Korean tech giant will approximately 100 million of these display to its rival.
The Galaxy maker is going to give 5.5-inch organic light-emitting diode display screen every year to the IPhone maker, which will be seen in the phones in the future. At first these were simple rumors but now that have finally turned out to be actually true. These panels are expected to be delivered by 2017, till now there will very little information about the contract.
The mobile phone makers are finally agreeing on something for a change, from taking the matter to the court they are finally taking things into their very own hands.Sometimes the most unexpected things can happen in the industry. The deal between these two tech giant is expected to be worth at least $3 trillion, the deal is that Samsung is giving its products to Apple, but the vice versa is still not out there as yet.
Previously Apple world known phones had LCD displays which is starting to become a technology of the past since things are changing at the speed of light, which is why the company had for long been looking for a better replacement and has finally found one. The irony is that only Samsung could fulfill the demand of its rival as it was massive it could not be taken of by any other company. The IPhone was being rumored to ask LG and the South Korean tech giant a month ago for this to happen and its rival has stood up for the challenge.
Bernstein research shows the the IPhone maker is going to have to supply 230 million of its phones in 2018 and 240 million in 2019, which shows that one contract will not be enough for it and it will go to another company for more of these displays for its smart phones.
Samsung has supplied display screens to Apple in the past but that has not stopped these two from filing lawsuit against one another every now and then so one should not hope for much out of this deal between them, 'Its just business, or is it?' Not much can be said on that matter for now.
Apple upcoming smartphones, IPhone 7 might be having this OLED Display screen by Samsung, a mixture of these two electronic giants is definitely worth keeping an eye on.