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Last updated: August 4th, 2017 at 11:49 UTC+02:00
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According to a new report out of South Korea, Samsung Display will operate 7 of its 6th generation flexible OLED lines on full scale this month. This will lead to a seven-fold increase in production capacity of iPhone panels this year. The production numbers will swell from 15,000 panels per month from last year to 105,000 panels per month this year.
It's not like Samsung hasn't been preparing for this. While it normally invested around $4 billion annually in its factory and back-end process lines in Vietnam, the company doubled its average investment last year to $8 billion. It has also invested $7.72 billion in the display plant in Vietnam so far this year.
This particular facility previously produced OLED panels that were only used for Samsung's own smartphones. Apple will be the second major customer after Samsung Electronics to source OLED panels from this plant.
If all production lines operate at an operation rate of 100 percent with a 100 percent yield, Samsung Display will produce nearly 124 million 6-inch and 130 million 5.8-inch panels respectively.
Adnan Farooqui is a long-term writer at SamMobile. Based in Pakistan, his interests include technology, finance, Swiss watches and Formula 1. His tendency to write long posts betrays his inclination to being a man of few words.
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