Apple may pay Samsung $250 for each foldable OLED display used in the iPhone Duo, based on information from a Chinese leaker on Weibo and reporting by AppleInsider. Apple reportedly considered multiple suppliers but turned to Samsung after LG Display was unable to produce foldable phone screens and Apple judged BOE’s quality and reliability inadequate. With Citi expecting 7.3 million Duo sales in the first year, the display arrangement could direct nearly $1.8 billion to Samsung Display. A foldable screen is reportedly about three times the cost of a standard iPhone screen, making it a significant component expense for Apple. Apple shares traded near $332 on Friday, up about 1.9% and close to a record, after the company unveiled the Duo on September 9 at John Ternus’s first keynote as chief executive.