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Display suppliers preparing to mass produce OLED displays for the 2017 iPhone

By Cookie Monster - on 24 May 2016, 8:20pm

Display suppliers preparing to mass produce OLED displays for the 2017 iPhone

 

Amidst speculation that Apple is using OLED display panels for the 2017 iPhone, suppliers are said to be preparing themselves for huge orders from the iPhone maker.

According to Bloomberg, Applied Materials Inc is one of the several rumored suppliers to increase orders for equipment to make displays so that they can meet Apple's demand. 

Bloomberg - “Some tooling or machinery orders now set up suppliers for the fall of 2017,” said Gene Munster, a Minneapolis-based analyst at Piper Jaffray. “It sets up the iPhone in the fall of 2017 to be more of an impactful upgrade than the fall of this year.”

Applied Materials reportedly has US$700 million orders for machinery to make displays this quarter, which is close to what it typically gets in a year. The company is almost certain that OLED displays are coming to the iPhone next year; it takes about three quarters to build, deliver and install the machinery to manufacture the display panels.

Bloomberg - “It’s not a peak or a one-time event,” said Applied Materials Chief Executive Officer Gary Dickerson. “This is going to be sustainable growth. We all know who is the leader in terms of mobile products.”

KGI Securities analyst Ming-Chi Kuo released a new report last month claiming that a major redesign is expected in 2017 where Apple will ditch the aluminium chassis for an "all-glass" enclosure with an AMOLED display. The Korea Herald claimed that Samsung has agreed on a US$2.59 billion deal to supply 100 million units of 5.5-inch panels annually.

It was initially rumored that Apple would be introducing an iPhone with OLED display in 2018, but the schedule was pushed forward to 2017 in view of slowing sales of the iPhones. LG Display is also said to be another supplier of display panels for Apple.

Source: Bloomberg via 9to5Mac

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