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Apple is perhaps shifting from LCD panels on their iPhones to flexible OLED (organic light emitting diode). According to a new report, Samsung will be a primary supplier of OLED screens for Apple and that the contract between the two has been "practically" sealed. A report by South Korea's ET News revealed that Samsung will be receiving orders Apple by the end of first quarter. The investment is expected to be for 30,000 to 45,000 sheets per month. It is also in the contract that the company plans to add an additional 45,000 screens for 2017, as reported by Gadgets NDTV

So far, OLED market only has a handful of big players that are not even close to the volumes that Apple would need. This is the reason speculations have pegged Samsung as the primary supplier of OLED panels. Although, no official information has been revealed on this matter yet by any of the parties involved. However, the industry sources claim that the contract between the two companies has already been concluded, reported GSM Arena

OLED Displays offer better and more vivid colors, allow much deeper blacks than LCDs, are power efficient and are thinner. However, this may be the case only if the majority of the display content is black, as is the case with Apple Watch. On the other hand, the cost of manufacturing is much higher, displays don't last for a very long time as they are not as bright a LCD screens. OLED display is being used by Apple in its Smart Watch and the rumors that they will use the same displays for the iPhones too has been doing the rounds for quite some time, as reported by 9to5 Mac