Samsung is making Apple pay a small fortune for the iPhone 8 display

Samsung is making Apple pay a small fortune for the iPhone 8 display

7 years ago
Anonymous $wKBR2uNMvM

https://techcrunch.com/2017/09/07/samsung-is-making-apple-pay-a-small-fortune-for-the-iphone-8-display/

Apple is about to unveil a brand new iPhone on September 12. For the first time, the company is likely going to switch from LCD displays to OLED displays, a newer technology that is causing some challenges. In particular, according to a new report from KGI Securities and obtained by Apple Insider, Samsung is going to be the sole supplier. Samsung is taking advantage of that by charging a ton of money for those displays.

KGI Securities’ analyst Ming-Chi Kuo estimates that Apple is currently paying $45 to $55 for LCD displays in current iPhone models. But Samsung is asking for $120 and $130 per unit. This could be the reason why the next high-end iPhone is going to be so expensive.