Samsung is about to earn more from Apple’s 10th-year-anniversary device, iPhone X, compared to its own Galaxy S8, which has been up for grabs since April MacRumors reported. Samsung is expected to rack up about $14.3 billion from the components it has supplied to the Cupertino-based tech firm’s flagship mobile device.
Samsung is the only tech firm that can provide NAND flash, DRAM chip as well as OLED displays that Apple needs for its handsets, which are the Cupertino-based tech company’s main revenue driver. Those orders are part of the component business of Samsung, which could generate for around 35 percent of the tech firm’s income, according to The Wall Street Journal.
Samsung to earn $110 per device
iPhone X and Galaxy S8’s sales estimates are in accordance with the first 20 months of each smartphone on the market. Apple will release the iPhone X on November 3 and is expected to sell about 130 million units. These sales will allow Samsung to earn $110 per smartphone. The Galaxy S8, on the other hand, is expected to sell about 50 million units, which was Samsung’s first smartphone to come along with an Infinity Display and an on-screen home button.
Galaxy S8’s sales figures do not reveal the complete amount of the revenue potential of Samsung. The tech firm offers other devices, such as the Galaxy Note 8 as well as gadgets in the Galaxy A lineup and C lineup, among others.
A number of the product lines’ devices also offer OLED screens, and when combined would likely exceed Apple’s smartphone in revenues for Samsung.
Adding up to the iPhone X, the 2017 product lineup of Apple includes iPhone SE, iPhone 6s smartphones, iPhone 7 handsets and the iPhone 8 devices. All of these mobile devices are different versions of the same handset, which only become inexpensive when Apple releases a new device.
These smartphones also come along with parts from Samsung, which will provide profit for the South Korean firm.
Nonetheless, according to MacRumors, the Cupertino-based tech company is pushing other display suppliers, such as Japan Display and Sharp, to boost the production of their OLED displays. Apple has considered collaborating with LG Electronics and could even strive to develop OLED screens.
Specs of the device
The iPhone X will feature a 5.8-inch Super Retina OLED edge-to-edge display with 2436 x 1125 pixel resolution. An A11 Bionic chipset will power the smartphone. The handset will run on the iOS 11 operating system out of the box.
