05.07.2019, 18:29
Apple Had Paid Samsung $ 683 million Due to Low Demand for the iPhone
Source: OREANDA-NEWS
OREANDA-NEWS.Payment was made in the second quarter of this year. A few days ago, South Korean sources said that Samsung is demanding that Apple pay a fine for the fact that its OLED-panel orders for iPhone smartphones were below the expected level.
As it turned out, Apple really paid Samsung a very large fine of $ 683 million due to the fact that it did not order the previously planned number of OLED panels for the iPhone. Payment was made in the second quarter of this year.
Samsung is preparing to announce the third quarter in a row when its profits decline. This is due to the drop in chip prices, the glut of the market, and US sanctions against the Chinese Hiawei telecommunications equipment manufacturer, which is one of Samsung’s key customers.
As it turned out, Apple really paid Samsung a very large fine of $ 683 million due to the fact that it did not order the previously planned number of OLED panels for the iPhone. Payment was made in the second quarter of this year.
Samsung is preparing to announce the third quarter in a row when its profits decline. This is due to the drop in chip prices, the glut of the market, and US sanctions against the Chinese Hiawei telecommunications equipment manufacturer, which is one of Samsung’s key customers.
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