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Samsung To Cut OLED Production Due To Poor iPhone X Sales

Samsung's panel-making division, Samsung Display, is reportedly reducing OLED panel production at its South Chungcheong plant due to lower than expected iPhone X sales. According to Nikkei Asian Review, Samsung now plans to cover 20 million or fewer iPhone X devices for the quarter ending in March, a large decrease from the expected 45 to 50 million units. CNET reports: Apple sold 77.3 million iPhones in the quarter ending in January, down by 1 percent on the previous year. The $1,000 price tag on the iPhone X was blamed for the volume shortfall -- but also contributed to the company making record-breaking profits. Samsung did not respond to CNET's request for comment.

2 of 150 comments (clear)

  1. Re:thousand dollar phones by sexconker · · Score: 5, Funny

    Do you touch your wife more often or your phone? it's a pretty intimate device. No sense in living with one you don't love.

    More people shake my hand than shake my dick. I can assure you that shaking my hand is not the more intimate experience.

  2. Re:thousand dollar phones by starless · · Score: 3, Funny

    How many things do you hold in your hand and look at 50 times a day? something that tactile and consuming of your senses, intellect, time and lifestyle is something you should be getting the best possible tool for. It

    Hmmm... yes.., well... perhaps I'd better not admit to that in public...