Samsung to invest billions of dollars in manufacturing plants for Apple 

Samsung who is a significant supplier of components to Apple its most biggest rival is planning to invest billions of dollars in manufacturing plants for Apple.

We all know that Apple is planning to make use of OLED panels for most of their future Products, so Samsung who has been supplying OLED panels for the upcoming iPhone 8 is opening some new manufacturing plants where they can manufacture more OLED panels for the upcoming Apple products.

The total production capacity is expected to be 270,000 panels per month, but the plants will not be functional until 2019. 

Samsung is planning to invest a sum of $21 billion in the manufacturing plants over the next few years.

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Author: Bhumik Grover

Tech enthusiast, Introvert, Editor and Owner at technomagzn.com.

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