Apple to Pay $250 Per iPhone Duo Foldable Display in Samsung Deal

Samsung Display has signed a three-year exclusive supply agreement with Apple to provide foldable display panels for the iPhone Duo and future models, reports Chinese leaker Instant Digital.

The iPhone Duo is the first device on the market to feature Samsung’s M16 OLED material set, said to bring improvements to brightness, color performance, lifespan, and power efficiency over previous OLED generations. Apple will reportedly pay around $250 per panel, making it one of the device’s priciest components.