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Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! - Phones - Nairaland

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Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by PhenomenalMorgan(m): 10:35am On Jun 28, 2019
To cut long story short.

Samsung produces and supplies AMOLED displays to Apple for there iPhones.
Samsung recently built a Manufacturing facility to produce only displays for Apple's iPhones.
Based on the quantity of iPhones it normally sells Apple agrees to buy certain volume of displays, but due to poor iPhone sales it cut the Amount of displays it ordered from Samsung...
Samsung is now Angry with Apple for buying less display( cheesycheesy which technically means for selling less iPhones) And demands millions of dollars in Compensation from Apple.

Original Story from bgr.com
Samsung reportedly seeking compensation because Apple isn’t selling enough iPhones
While Samsung keeps comparing its flagship phones to the latest iPhones that Apple makes in the hopes of convincing customers that Galaxy phones are a better option, Samsung is also a huge fan of the iPhone. That’s because Samsung is a supplier of iPhone parts, and these Apple deals can be very lucrative. The best example concerns the iPhone’s OLED screen, which is very expensive. Samsung Display happens to be the supplier of most iPhone OLED panels, as Samsung makes the best OLED screens for smartphones. But it turns out that Samsung isn’t happy with iPhone sales, and wants Apple to pay a hefty penalty for all the iPhone screens that it failed to purchase as a result of the slower than expected iPhone sales.
A report from ETNews says that Samsung Display seeks compensation amounting to hundreds of billions of won, which converts to hundreds of millions of dollars. Apple had reportedly agreed to acquire a certain quality of panels from Samsung Display but then failed to meet these numbers. Samsung Display and Apple have been negotiating the matter but have yet to agree on terms.

Samsung invested in an A3 display facility that would cater only to Apple, a 6th-generation flexible OLED plant that can produce about 100 million OLED iPhone screens each year. But it’s unclear what the minimum supply Apple agreed to buy might’ve been.

Production at the A3 plant fell to under 50% of capacity as demand for iPhone sales remained sluggish, the report notes. Sales for the iPhone XS generation that followed 2017’s iPhone X wasn’t spectacular either, and Apple was often rumored to have cut OLED panel orders as a result. Samsung Display’s operating profit dropped to 2.62 trillion won last year, about half of the 5.7 trillion the company reported in 2017, a figure that perfectly reflects the smartphone sales slump. Galaxy sales have been slower than expected as well, and these devices also pack OLED screens from Samsung Display.

Meeting quotas isn’t the only problem between the two parties, ETNews says. Apparently, Samsung Display has experienced some manufacturing issues with some of the OLED panels it supplied to Apple, and it may have been charged a “small penalty.”

ETNews also notes that failing to meet quotas might be a problem for Apple’s deals with other panel suppliers, although screen makers rarely seek reimbursements. Instead, Apple may ink additional display deals with those manufacturers that cover other products.


Interestingly, the report notes that Apple has offered such options to Samsung Display for OLED panels that would fit tablets and notebooks. So far, but none of the existing iPads or MacBooks feature OLED screens. Earlier rumors have said that Apple is considering OLED panels for other devices, MacBooks included.
Source
https://bgr.com/2019/06/21/iphone-xs-sales-samsung-seeking-compensation-for-unused-oled-capacity/amp/
Mynd44 lalasticlala interesting read!!

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Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by sulasa07(m): 1:25pm On Jun 28, 2019
All mighty IPhone buying Screen from Samsung.

3 Likes

Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by Nobody: 1:36pm On Jun 28, 2019
sulasa07:
All mighty IPhone buying Screen from Samsung.
wonder shall never end

4 Likes

Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by WinningEleven(m): 4:25pm On Jun 28, 2019
Those two guys above are ignorant.
No man is an island of knowledge/business

5 Likes 1 Share

Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by PhenomenalMorgan(m): 4:36pm On Jun 28, 2019
WinningEleven:
Those two guys above are ignorant.
No man is an island of knowledge/business
Very true...
Why reinvent the wheel
Samsung makes the best OLED...
So it's wise to Buy from them until Apple themselves can make something good enough...
Its that simple!!

5 Likes

Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by falcon01: 5:32pm On Jun 28, 2019
lol..
Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by sulasa07(m): 5:38pm On Jun 28, 2019
WinningEleven:
Those two guys above are ignorant.
No man is an island of knowledge/business
I don't blame you,but with all the IPhone gragra,I just didn't expect them to buy from Samsung.

2 Likes 1 Share

Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by emae009(m): 6:16pm On Jun 28, 2019
sulasa07:

I don't blame you,but with all the IPhone gragra,I just didn't expect them to buy from Samsung.

Africans and pride mentality. it's not the first time Samsung has produced phone parts for iPhone. they used to produced the chipset used on iPhone before Samsung decided to used the same chipset on their galaxy which was a breach of contract so Apple canceled their agreement

8 Likes

Re: Samsung Is Upset Because Apple Couldn't Sell A Lot Of iPhones!! by budaatum: 8:00pm On Jun 28, 2019
Well, it does place Apple at a disadvantage with it's competitor Samsung, who win on the sale of their own product and on the sale of its competition.

If Samsung were Chinese I'd expect Trump to ban them too.

1 Like

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