Weaker than expected iPhone X demand supposedly leaves Samsung scrambling for new OLED buyersYoni Heisler / BGR - 1 year ago
  • Amid reports that Apple has opted to cut iPhone X production for the current quarter, Nikkei Asian Review reports that Apple’s decision has left Samsung scrambling to find new customers for its OLED panels.
  • In the build-up to the iPhone X launch, many analysts anticipated that the device would usher in a super-cycle of upgrades.
  • Compounding matters, Nikkei adds that Samsung is also facing increased competition on the OLED front from rival manufacturers.
  • To make matters worse, Chinese OLED panel makers are expanding production capacity, heating up the price competition even more.