A new report claims that Apple has had to agree to a three-year Samsung Display contract because no other firm can make the screens needed for the iPhone Fold.
Render of a possible iPhone Fold design – image credit: AppleInsider
Render of a possible iPhone Fold design – image credit: AppleInsider
Apple likes having multiple suppliers, both to avoid over-reliance on any one source, and to play them off against each other in order to lower prices. Now a year ago rumor about Samsung Display producing iPhone Fold screens is reportedly confirmed, and the deal favors the supplier.
According to The Elec, Samsung Display proposed a three-year exclusive deal to supply the foldable OLED panels for the iPhone Fold. Reportedly, at present BOE’s foldable panels as used by Huawei are considered inadequate, and Apple’s other main supplier, LG Display, doesn’t yet make folding screens for smartphones.