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Samsung spends $9 billion on expansions, for the iPhone

Samsung is making so many OLED displays for the new iPhone, that they're spending $9 billion on expansions.

Published Apr 4, 2017 12:59 AM CDT   |   Updated Tue, Nov 3 2020 11:56 AM CST
1 minute & 13 seconds read time

Apple is expected to blow the doors off of its new multi-billion HQ in a few months, with the announcement and reveal of the first next-gen iPhone in a long time - that wasn't a slight upgrade on the previous-gen handset. It will reportedly roll out with next-gen features, an OLED display, in what should be the 'next big thing' in cameras, and more.

Samsung spends $9 billion on expansions, for the iPhone | TweakTown.com

But Apple don't manufacturer the OLED displays themselves, that's the job of their #1 competitor: Samsung. According to South Korean news site The Investor, Samsung is expanding its OLED production capabilities, with $8.9 billion being spent on expanding OLED production - this year alone. Apple shifting into the world of OLED has most likely driven Samsung to the $9 billion investment, as it will want to lead the mobile OLED display market.

Samsung has been using OLED screens in its flagship smartphones for a few years now, but Apple does big business in flagship smartphones, too. Samsung currently has 95% of the market, which is one of the reasons Apple would've chosen their competitor in the smartphone business, to make their new OLED displays for the next-gen iPhone. The new iPhone will reportedly be called the iPhone X - with another iPhone that will succeed the iPhone 7 in what should be the iPhone 7S.

Apple reportedly ordered 160 million OLED panels, while slapping down $4.3 billion for 60 million OLED displays - so the $9 billion investment from Samsung, is laying the groundwork to some gigantic business in the coming years from the iPhone.

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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