Both Apple and Samsung have launched its flagship smartphones this season. In 2017, while Apple launched the iPhone 8, iPhone 8 Plus, and iPhone X, Samsung revealed its Galaxy S8 also, Galaxy S8 Plus, and Galaxy Note 8.
Relating to a recently available report in The Wall Street Journal, the Korean technology giant will earn $4 billion more revenue by making iPhone X parts than making its Galaxy S8 parts.
WSJ cited an extensive research by Counterpoint Technology, which centered the prediction on another 20 months following the premium Apple device continues on sale the following month.
It is a well-known truth that Samsung produced OLED display and NAND flash memory chips for Apple to make the iPhone X.
The Counterpoint Research says that the initial 20 months is when most levels of sales happen, and it said that Apple might sell around 130 million iPhone X’s.
The report provides that Samsung will earn $110 on each one of these devices. With regards to the Galaxy S8, Samsung will earn $202 on each device sold. But, research expects that the ongoing company can sell only 50 million models.
The report in WSJ says that Samsung and Apple partnership goes long back again to when Samsung founder’s son Lee Jae-Yong and former Apple CEO Steve Jobs negotiated an offer to make a flash memory for iPods.
Now, both of these are a few of the most profitable companies in the world, relating to S&P Global Market Intelligence. Yet, Apple’s reliance on Samsung is more than just history.
The Korean company is most of the firms which will make the flash memory space in big numbers as well as the OLED screens.
It is interesting to note that in the full year 2011, both the ongoing companies went through a bump when they sue one another over alleged patent infringements.
In the meantime, Samsung making the OLED displays for the iPhone X, maybe one of the major explanations why the Apple device cost so high.
A Mac Rumors report said that Apple is dealing with companies like Sharp and Japan Screen such that it can lower its dependency on Samsung for the parts. However, this right time, Apple’s success is Samsung’s success too.