Saturday, Jul 04, 2020 | Last Update : 03:59 PM IST

102nd Day Of Lockdown

Maharashtra1929901046878376 Tamil Nadu102721583781385 Delhi92175630072864 Gujarat34686249411905 Uttar Pradesh2579717597749 West Bengal2048813571717 Telangana2046210195283 Karnataka197108807293 Rajasthan1925615352443 Andhra Pradesh169347632206 Haryana1550911019251 Madhya Pradesh1410610815589 Bihar10911821184 Assam8956583212 Jammu and Kashmir76954856105 Odisha7316535333 Punjab56683989149 Kerala4594243626 Uttarakhand2791190937 Chhatisgarh2339193713 Jharkhand2339160512 Tripura140110931 Manipur13166390 Goa11984783 Himachal Pradesh9796179 Puducherry73930112 Nagaland5351820 Chandigarh4463676 Arunachal Pradesh182601 Mizoram1601230 Sikkim101520 Meghalaya50421
  Technology   Mobiles & Tabs  25 Jun 2019  Samsung could fine Apple hundreds of billions of won over poor iPhone sales

Samsung could fine Apple hundreds of billions of won over poor iPhone sales

Published : Jun 25, 2019, 10:56 am IST
Updated : Jun 25, 2019, 10:56 am IST

Apple issued serious warning over lack of OLED iPhone sales.

The plant is currently operating at 50 per cent capacity.
 The plant is currently operating at 50 per cent capacity.

As of now, things aren’t going that great for Apple as recently it was known that over 1.4 billion iPhones and iPads are at the risk of being exposed. However, this data acquisition needs an authority to approve it which means that if you haven’t committed any crime you are safe. The latest bit of information doesn’t bode well for Apple as they may be facing one of their biggest problems to date.

ETNews has revealed that Apple is facing fines worth up to hundreds of billions of dollars for the brand’s biggest issue — not selling enough of iPhones with OLED displays. The report states that Apple’s biggest rival, Samsung is targeting them and this will pose an interest to every Apple fan out there.


Samsung has targeted Apple with this humongous fine worth “hundreds of billions of won” because the Cupertino-based smartphone manufacturer “demanded” that the South Korean tech giant build a massive OLED display facility that was exclusive for iPhones. A report by Forbes states, “Overconfidence saw Apple drive its construction based on claims it would require 100M OLED iPhone screens per year from the factory but, rather than increasing sales, demand for new iPhones has subsequently slumped.”

ETNews claims that the said plant is currently operating at 50 per cent capacity along with the arrangement of heavy upfront investment alongside dead production lines has been a prime factor in Samsung Display’s operating profit falling from 5.7 trillion won in 2017 to 2.6 trillion won last year. Another factor that is angering Samsung is that at the start of the new factory, Apple was fast to issue penalties after certain panels suffered from manufacturing issues.

However, there is hope for Apple fans as Forbes reports, “Apple is unlikely to pay the fee but will compensate Samsung instead via additional contracts for OLED panels in new devices. We already know the 2020 iPhone XR will adopt OLED but that is not enough to cover the shortfall on its own, so the additional capacity is understood to be used creating OLED panel upgrades for iPads and MacBooks.”

This would spell good news for customers as, despite the massive price tag, iPads and MacBooks still use LCD displays. Apple has been reportedly working with Foxconn to on Micro LED technology, which is said to be the future of displays that will best even OLED screens.

Tags: apple, iphone, sales, samsung, oled display