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Apple has to pay a fine to Samsung

for insufficiently purchased OLED panels
Apple is said to have purchased too few of the OLED panels ordered from Samsung Display, which means that the latter wants to see a fine on the table. The fact that Apple has purchased fewer OLED panels is probably due to the disappointing iPhone sales.

This is reported by the South Korean website ETNews, which is known to have sources within Samsung. Apple has a contract with Samsung Display for the delivery of OLED panels that are used on the iPhone X generation, but Apple has recently seen sales from iPhones fall. This indicates that the number of iPhones supplied is declining, but since the company is no longer announcing sales figures, it cannot be said with certainty.

Because Samsung Display has invested in an OLED plant for Apple’s orders, and Apple reportedly did not purchase enough panels, the Korean display manufacturer wants to see a fee. The two companies would have already had discussions with each other for this purpose. According to ETNews, the factory that uses Samsung Display to produce OLED panels for Apple comes to a standstill for about half the time, and so sales have also fallen by half.

According to ETNews, the amount of fines requested by Samsung Display would be ‘hundreds of billions’ won, something that, conversely, would amount to hundreds of millions of euros. However, Apple would not agree with that for the time being. However, both companies have not publicly commented on the matter.

iPhone XS and XS Max


This post first appeared on Need Help Ask Us Now Most Important Technology New, please read the originial post: here

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Apple has to pay a fine to Samsung


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