Beijing time on January 14, the evening news, according to south Korean media reported that samsung for apple iPhone provide flexible OLED screen matters actually has been finalized, samsung will on OLED factories and equipment up to a $7.47 billion investment.

At present, the iPhone USES the LTPS (low temperature polycrystalline silicon technology) Display panels, by LG Display, Japan Display and sharp. But there have been news that iPhone will switch to OLED screen. Compared with the LTPS, AMOLED has many advantages, such as low energy consumption and outdoor definition.

The nikkei business daily reported last December, apple will since 2018 using OLED display in the iPhone. Then the news that apple has been close to agreement with samsung and LG Display, supply OLED screen for the iPhone.

But sources said Wednesday that Samsung provides a flexible OLED screen for the iPhone has been finalized, Samsung Display will provide most of the apple iPhone OLED screen, to eliminate the current LTPS screen.

The reported that samsung will invest to the factory in order to improve the production, the fastest will be order at the end of the first quarter of this year. After investment, Samsung Display this year will increase the production of 30000 pieces to 45000 pieces base board, and will add 45000 in 2017.

The investment will be phased in two years, will this year on factories and equipment investment of $2.49 billion to $3.32 billion. If an additional 2017 2017, Samsung Display will be carried out in the 2nd phase investment, total investment of $6.64 billion to $7.47 billion.

Samsung will invest $7.4 billion for the iPhone supply OLED screen

Otherwise, Samsung Display is ready to invest in other factories, would improve the monthly output of 15000 base board, in order to satisfy their Galaxy series mobile phone and smartphone manufacturers demand in China. If so, samsung investment will add at least 830 million dollars this year.