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Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

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Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
Tech

Apple is Relying on its Biggest Competitor for the OLED Displays on the New iPhone

By
Natasha Bach
Natasha Bach
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By
Natasha Bach
Natasha Bach
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September 8, 2017, 4:54 AM ET

Samsung has a tight grip on Apple ahead of the launch of the iPhone 8.

According to reports, Apple is switching from LCD displays to OLED displays for its new phones. But the only company that is able to make the displays at scale is Apple’s biggest competitor in smartphones — Samsung.

Apple Insider reports that that leaves Samsung in a position of huge bargaining power. The screens are estimated to cost between $120 and $130 per unit, a much higher cost than the $45-$55 cost of the LCD screen of the iPhone 7 Plus.

Read: Deals on New iPhones May Not Be As Good As Last Year

While there are other OLED panel vendors that Apple could theoretically turn to, Samsung currently produces the highest volume of the displays. Apple will need millions of the displays for its new iPhones, putting it in a bind. Samsung also holds the majority of OLED technology patents according to Apple Insider, and accounted for 97.7 percent of global production in April of last year.

Apple’s sole reliance on Samsung also means that any slowdown in production of the displays could affect iPhone availability. Business Insider reports that there are already warnings of supply falling short. However, for those less eager to get the latest and greatest in display technology, it is expected that Apple will launch two other iPhone models that will use the older LCD technology.

About the Author
By Natasha Bach
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