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Apple Orders 70 Million OLED Panels from Samsung for ‘iPhone 8’: Report

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Apple is betting high on the next-generation iPhone with OLED display despite its rumored hefty price of more than $1,000: It has placed an order for 70 million bendable OLED panels with Samsung, the expected supplier.

Iphoneconceptimage

But Samsung is happy to supply even 95 million OLED panels in case “demand exceeds expectations”, David Hsieh, senior director at research company IHS Markit, told Japanese news outlet Nikkei, the first to report the order and citing sources familiar with the matter.

Hsieh also highlights that the order is not just for devices shipped this year: “It is also possible that some of these 70 million handsets will not be shipped to customers this year and be carried over to next year, depending on demand”, he said.

The panel is expected to have a 5.2-inch screen, and, if the rumours are correct, the anniversary iPhone with OLED display will lack the iconic home button. Since Apple is expected to launch three versions of the iPhone this year, two (likely the 4.7-inch and 5.5-inch models) will retain the physical home button.

Besides the OLED display, the new iPhone – dubbed the iPhone 8 – is said to feature 3D sensors for facial recognition (Samsung has just launched the S8 with that feature), wireless charging and waterproofing.

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