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Korea Herald: Samsung will quadruple iPhone OLED output in 2018

Published 12/20/2017, 09:53 AM
© Reuters.  Korea Herald: Samsung will quadruple iPhone OLED output in 2018
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  • Samsung (KS:005930) (OTC:SSNNF, OTC:SSNLF) will quadruple its OLED panel supply for Apple’s (NASDAQ:AAPL) iPhones next year, according to The Korea Herald sources.
  • Samsung will supply 180M to 200M panels, which equals $19.8B to $22B in revenue using IHS Markit’s $110 supply price estimate.
  • The reported 50M panels supplied this year and Apple’s reliance on Samsung led to production delays with the iPhone X and the device’s higher price. LG (NYSE:LPL) has ramped up OLED panel production to join the supply line as early as next year.
  • Samsung can increase its production due to improved yield rates at the A3 panel lines. Rates jumped from 60% in 1H17 to over 80% in 2H17.
  • Previously: LG Display could supply OLED panels for iPhone X (Dec. 7)
  • Now read: Apple: Should You Buy The Dip?


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