Samsung invests millions into flex screens

Manny Pham

March 3, 2016

$325.73 million has been invested by Samsung to produce flexible OLED displays.

Samsung already has a division dedicated to developing flexible screens, with the fresh injection of cash, ten OLED equipment producers will be made available for the Samsung Display division. With the upgrade production is expected to be doubled from 15,000 to over 30,000 units.

According to industry insiders the investment is to meet to meet Apple’s demand for flexible OLED panels for the iPhone 8. Earlier this year Apple made Samsung their primary supplier of OLED displays. Apple will be working closely with Samsung with the development of the displays.

For more on Samsung, visit What Mobile’s dedicated Samsung page.

Via Sam Mobile.

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