Earlier this week we heard a rumor that Apple were ordering 70 million OLED displays for the iPhone 8 from Samsung and according to a recent report, the two companies have now signed a new two year deal.
According to the report Apple and Samsung have signed a deal for Samsung to supply Apple with OLED displays for the iPhone 8 for the next two years.
Based on the contract, Samsung Display will ship 70-92 million small-size OLED panels to Apple in 2017, said the reports. This means that about 30% of iPhone devices shipped in 2017 will come with curved OLED panels, given that Apple currently ships about 200 million iPhone devices a year.
Apple are expected to launch three new iPhones this year, one with a 4.7 inch LCD display, another with a 5.5 inch LCD display and the top model with either a 5.5 inch or 5.8 inch LCD display.
The new iPhone 8 and iPhone 8 Plus handsets will get a completely new design over the existing models and we are expecting to see these new iPhone in September.