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02-19-2018, 11:46 AM
Apple's slow iPhone X sales are hurting Samsung too
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It's not just Apple feeling the effects of lackluster iPhone X sales.
Samsung (https://mashable.com/category/samsung/) is also now grappling with the same problem. Since Apple relies on the Korean tech giant for the iPhone X's expensive display panels, it is now searching for a new buyer, according to a report (https://asia.nikkei.com/Business/Trends/OLED-panel-glut-looms-as-Apple-slashes-iPhone-X-production?page=1) from Nikkei.
SEE ALSO: Why Apple doesn't need to sell more iPhones anymore (https://mashable.com/2018/02/02/apple-iphone-x-halo-effect/)
This new development follows earlier reports (https://mashable.com/2018/01/29/apple-to-cut-iphone-x-production-in-half/) that Apple was cutting production of the iPhone X after slowing sales.*
The problem for Samsung, though, is that it's proving more difficult than expected to find takers for the leftover OLED display panels originally intended for the iPhone X. Nikkei reports that Samsung had been counting on other smartphone-makers to follow Apple's lead and start using the more expensive OLED displays. Read more... (https://mashable.com/2018/02/18/apple-iphone-x-sales-samsung/)
More about Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Apple (https://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Samsung (https://mashable.com/category/samsung/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Iphone X (https://mashable.com/category/iphone-x/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/YieQXYBl3JM
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It's not just Apple feeling the effects of lackluster iPhone X sales.
Samsung (https://mashable.com/category/samsung/) is also now grappling with the same problem. Since Apple relies on the Korean tech giant for the iPhone X's expensive display panels, it is now searching for a new buyer, according to a report (https://asia.nikkei.com/Business/Trends/OLED-panel-glut-looms-as-Apple-slashes-iPhone-X-production?page=1) from Nikkei.
SEE ALSO: Why Apple doesn't need to sell more iPhones anymore (https://mashable.com/2018/02/02/apple-iphone-x-halo-effect/)
This new development follows earlier reports (https://mashable.com/2018/01/29/apple-to-cut-iphone-x-production-in-half/) that Apple was cutting production of the iPhone X after slowing sales.*
The problem for Samsung, though, is that it's proving more difficult than expected to find takers for the leftover OLED display panels originally intended for the iPhone X. Nikkei reports that Samsung had been counting on other smartphone-makers to follow Apple's lead and start using the more expensive OLED displays. Read more... (https://mashable.com/2018/02/18/apple-iphone-x-sales-samsung/)
More about Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Apple (https://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Samsung (https://mashable.com/category/samsung/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Iphone X (https://mashable.com/category/iphone-x/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/YieQXYBl3JM