Apple has apparently signed a deal with Samsung Display, a subsidiary of Samsung Electronics, to build an additional 60 million organic light-emitting diode (OLED) panels for iPhone 8, The Korea Herald newspaper reported Monday. The deal is worth five trillion Korean won, or about a $4.3 billion.
The deal is in addition to an agreement that Apple and Samsung signed last year to supply 100 million OLED display panels for iPhone 8.