The iPhone X – Apple’s most premium and top-of-the-line smartphone for this year – will be expected to be the biggest golden goose for the company in years. The 10th anniversary iPhone X will also be a bigger money-spinner for competing South Korean manufacturer Samsung than its own flagship Galaxy S8 and Note 8, new research has claimed.
Samsung is on the verge to cash-in around $4 billion more in revenue producing components for the iPhone X than from the materials the consumer electronics giant builds for its own Galaxy S8 and Note 8 smartphones.
According to the latest research supervised by Counterpoint Technology for The Wall Street Journal, the NAND flash memory part and the OLED screen display equipped in the iPhone X will be largely profitable for Samsung.
[agg-ad id=”442″ align=”center”][agg-ad id=”438″ align=”left”]The research firm based its research on projected sales in the stretch of 20 months following the release date of the iPhone X on November 3, 2017.
According to the aforementioned company, that period of time was settled on because the majority of sales figure for a new smartphone product will happen within the first 20 months after its announcement.
According to the research data, the analysis firm “expects Apple will sell 130 million iPhone X units,” banking Samsung $110 on each unit through the summer of 2019, while Galaxy S8’s global sales are expected to be 50 million, earning the South Korean tech giant a total of $202 each from components such as displays and chipsets in its first 20 months of sales.
“The Counterpoint analysis includes parts sales from Samsung Electronics plus two Samsung affiliates that make batteries and capacitors.”
Apple and Samsung will become the leading and the most profitable firms across the world this year, per S&P Global Market Intelligence.
[agg-ad id=”434″ align=”left”]Samsung remains the only supply chain with the capacity to meet an OELD display order of Apple for the iPhone X. The company is also a semiconductor manufacturers that can make huge number of NAND flash memory.
According to the Wall Street Journal, “At meetings, Samsung executives are known to tell attendees who pull out iPhones: ‘It’s OK. They’re our best client,’” according to multiple sources close to the matter.
“Samsung employees often refer to Apple with code names. One of the most popular is ‘LO,’ short for ‘Lovely Opponent.’”
The planet’s best Apple analyst, Ming-Chi Kuo of KGI Securities, who has an nearly-perfect track record when it comes to his wild projections on Apple devices, believes that the OLED display panel supply for the radically redesigned iPhone X is “controlled wholly by Samsung”.
In a bid to reduce its dependency on The South Korea-headquartered firm, the Cupertino technology company has recently invested a total of $2.67 billion into LG’s OLED production for smartphones, The Investor claimed.