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The iPhone is still using LCD screens, but more and more "evidence" suggests that Apple will soon be immersed in the OLED screen. Not long ago, the South Korean media revealed that Apple and Samsung are likely to have signed a 2.6 billion US dollar OLED panel order agreement. The waste heat from this news has not passed, and Samsung has heard a very intriguing news: the CEO of the display division has been fired.
We learned through the Korean media that Park Dong-geun, CEO of Samsung Display Division, has recently been dismissed from the position of CEO, and his position was replaced by former vice president of Samsung Electronics Kwon Oh-hyun. South Korean media reported that Samsung Electronics’ board of directors has unanimously adopted this decision. Analysts believe that Samsung made important adjustments to its display division executives, mainly to meet Apple's OLED screen big orders.
It is understood that the Samsung Display Division's revenue in the previous quarter fell by 12%, which is one of the reasons why its CEO Park Donggen was dismissed. Earlier, the Korean Herald said that the OLED screen supply agreement between Samsung and Apple would last at least three years. However, Samsung is not the only OLED screen supplier that Apple is considering. It is reported that LG is already negotiating with Apple.
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