• Skip to content
  • Skip to primary sidebar
  • Skip to footer
  • Gaming
  • Computing
  • Internet
  • Phone and communications
  • Software
  • Mobile computing

The source for tech buying advice

The latest technology news and reviews, covering computing, home entertainment systems, gadgets and more.

Samsung reportedly prowling for new OLED buyers after iPhone X sales underperform

February 19, 2018 By discountbonus_sd3n3h



Working under the assumption that the iPhone X would sell like hotcakes, Samsung set set off to produce and deliver a huge number of OLED (or organic light-emitting diode) screens for Apple's 10th anniversary handset.

Although the new phone was Apple’s biggest earner, it actually sold less units than any other iPhone model before it.

This low demand has caused Apple to reportedly reduce its iPhone X production by half, leaving Samsung with a surplus of OLED panels which the South Korean company is now unable to sell. 

According to a report in the Nikkei Asian Review, Samsung is looking for new buyers who could potentially use the OLED panels on their own handsets. 

Unfortunately, the potential buyers are the Chinese manufacturers who produce handsets for the budget or mid-range market and prefer to stick to low-cost LCD displays.

Money matters

The iPhone X was one of the most expensive handsets launched in 2017, and its costly OLED displays were a part of the reason why — Samsung’s OLED panels cost over $100 each, which is more than twice the cost of the company’s liquid crystal displays.

To sprinkle salt on the proverbial wound, Samsung is also facing stiff competition from rival manufacturers. The South Korean giant currently controls about 95% of the OLED market, but that could soon drop with LG Display ramping up production this year, as are Chinese manufacturers like BOE Technology Group and Tianma Micro-electronics.

One way to cope with the surplus is for Samsung to use the panels in its own products — whether the company will be able to repurpose the displays for its own phones is another story, especially as it's currently developing its first foldable phone.

  • The cheapest unlocked iPhone X SIM-free prices



Source link

Filed Under: Phone and communications

Disclaimer: All the links on this page are ‘affiliate links’. This means we will earn commission from every customer we refer from this website. Our reviews are honest, we wouldn’t waste your time or put our reputation on the line by recommending anything we didn’t fully believe in.

Primary Sidebar

Disclaimer: All the links on this page are ‘affiliate links’. This means we will earn commission from every customer we refer from this website. Our reviews are honest, we wouldn’t waste your time or put our reputation on the line by recommending anything we didn’t fully believe in.

Recent Posts

RHA T20 Wireless audiophile buds now available in India for Rs 22,999

RHA T20 Wireless audiophile buds now available in India for Rs 22,999

RHA has cut the cord on the popular RHA T20 earphones to bring us the RHA T20 … [Read More...] about RHA T20 Wireless audiophile buds now available in India for Rs 22,999

  • 5 Reasons to put your old PC out to pasture
  • Five things a dedicated server excels at and when you need one
  • Nvidia RTX 3050 Ti GPU could soon power up budget gaming laptops

Follow Us Online

  • Facebook
  • Google+
  • LinkedIn
  • Pinterest
  • Twitter

Footer

Menus

  • Contact
  • Terms of Service
  • Privacy Policy

Most Posts

  • Microsoft Surface Laptop 4 specs leak includes both AMD and Intel configurations
  • Gaming
  • Computing
  • Internet
  • Phone and communications
  • Software
  • Mobile computing

Newsletter

Copyright © 2021 · WordPress · Log in