In War Over OLED, Samsung, LG’s Investments to Hit US$11.6 Bn - Energy Watch News


In War Over OLED, Samsung, LG’s Investments to Hit US$11.6 Bn

With the aim to win new orders for Apple’s iPhone, leading Korean players Samsung Display and LG Display are set to battle it out in the flexible OLED leadership domain by investing on a massive scale. Their combined investment in flexible OLED will reach a record high of US$11.6 billion in 2016, according to a recent analysis. Apple plans to adopt flexible OLEDs for its next-generation iPhone 8, which is rumored to hit the market in 2017. The iPhone is one of the best selling smartphones across the globe with 200 million units being sold each year. OLED panels will surpass half of total panels for the iPhone by the beginning of 2018, according to industry experts. http://bizled.co.in/in-war-over-oled-samsung-lgs-investments-to-hit-us11-6-bn/

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