As report from The Korea Herald, Apple
has evidently signed a deal with Samsung Display, a subsidiary of Samsung Electronics, to supply an additional 60 million units of organic
light-emitting diode (OLED) panels for iPhone 8 worth of US$4.3 billion.
Apple and Samsung signed an
agreement last year to supply 100 million OLED display panels for iPhone 8. As
rumored and predicted, the next generation iPhones will come in three variants
iPhone 8, iPhone 7S and iPhone 7 Plus featuring OLED panels which is expected
to launch in September this year.
Apple has evidently signed a deal with Samsung Display, a subsidiary of Samsung Electronics, to supply an additional 60 million units of organic light-emitting diode (OLED) panels for iPhone 8 worth of US$4.3 billion
Apple sells about 200 million iPhones
per year so the combined 160 million units of Samsung-built OLED panels will
make up 80 percent of the entire sales. 
Samsung uses OLED for almost 70 percent
of its smartphone models, including the flagship S series, while iPhone uses
liquid-crystal displays from multiple display makers such as LG Display, Sharp
and Japan Display.