iPhone X is Apple's first handset with an OLED display and Samsung is currently the only vendor capable of mass-producing OLED panels. As a result, the Korean company has almost monopolized the entire smartphone OLED panel market. Exclusive OLED display suppliers profited a lot.Recently there is news that Apple cut orders for iPhone X, but this seems to Samsung, as the supplier has no effect.
Recently there have been reports that due to weak sales, Apple iPhone X orders will be halved, but at the same time, there are news and Apple suppliers pointed out that the iPhone X sales report is entirely a bluff.
iPhone X
However, even if iPhone X sales lower than expected, Samsung is not too worried about this.
Recently, during a conference call from a company, a Samsung executive was asked what potential impact Samsung could have on Samsung's lower-than-expected sales of iPhone X. The executive revealed that Samsung has been diversifying Customer groups, reducing the company's dependence on any one customer.
The executive also added that Samsung's display business will not be affected by specific customers.Not only that, Samsung also made its first quarter of this year's results were prejudiced that the company believes that due to lower demand and increased competition, In the first quarter of this year, AMOLED business operating profit to the company will decline.
