Samsung is on a seemingly endless winning streak these days, clinching one laurel after another in its quest to become the most profitable company in the world. And, akin to the saying 'when it rains, it pours,' Samsung has just obtained a very lucrative 3-year exclusive contract from Apple to supply foldable displays.
Samsung appears poised to eclipse NVIDIA's profits as it just secured a 3-year lucrative contract from Apple for foldable displays
We noted recently that Samsung expects to report 57.2 trillion won ($37.8 billion) in operating profit for Q1 2026, which corresponds to an astounding year-over-year growth of 700 percent! What's more, this figure equates to a sequential growth of 184 percent vs. the operating profit of 20.1 trillion won that the South Korean tech behemoth had reported in the fourth quarter of 2025.
And yet, the proverbial buck does not stop there. Analysts at KB Securities now believe Samsung will earn a total operating profit of 327 trillion won in 2026 and an unfathomable 488 trillion won in 2027, thereby becoming the most profitable company globally, eclipsing NVIDIA's expected operating profit by a material, if narrow, margin.
Meanwhile, according to a recent report from South Korea's The Elec, Apple will exclusively source foldable displays from Samsung for the next 3 years, adding another lucrative windfall to Samsung's ongoing memory-driven gravy train.
For Apple, this arrangement is a necessity, given the chronic lack of viable alternatives. China's BOE is considered largely subpar on foldable OLED tech. Meanwhile, LG Display has no proven track record of supplying such intricate display panels.
To make matters worse, Apple's upcoming foldable iPhone - to be called either the iPhone Fold or iPhone Ultra - will feature an extremely complicated foldable display setup, where the actual display layer would reportedly be sandwiched between a dual layer of UTG/UFG (Ultra-Thin Glass/Ultra-Thin Flexible Glass) to prevent grating contact with the hinge, and to better distribute the stress during the folding process, nearly eliminating the dreaded crease in the process. According to Taiwan's Economic Daily, the depth of the crease on the iPhone Fold would be a minuscule 0.15mm. This means Apple is left with no choice but to trust Samsung's unparalleled expertise in the foldable display arena.
About the author: Writing is my one incontrovertible passion. Over the past six years, he has authored over 2,200 distinct articles on financial and tech-related topics, spanning nearly 1 million words. And he has been a member of Wcctech mobile team since 2025. As an alumnus of the University of Toronto, Rotman Commerce Program, I bring nuance, in-depth knowledge, and a unique perspective to every topic that I cover. When I'm not writing, I'm traveling the world, exploring hidden confectionaries and restaurants as an aspiring food connoisseur.
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