The recently announced iPhone X by Apple does not come cheap and starts at $999, however some might argue that its new hardware features could be worth the price, such as the use of an OLED screen which is the first for an iPhone. Apple is clearly expected to make a lot of money from the iPhone X’s sales, but it seems that Samsung will as well.
In a report from The Wall Street Journal (via MacRumors), an analysis conducted by Counterpoint Technology has found that Samsung will be making oodles of cash from helping Apple supply certain components for the iPhone X, such as the OLED display and NAND flash memory chips.
Assuming their estimates are correct, Samsung could earn as much as $110 per iPhone sold, and with Counterpoint expecting Apple to sell 130 million iPhone X units through the summer of 2019, it means that Samsung could earn as much as $4 billion just by supplying components to Apple alone.
The 130 million units doesn’t sound too impossible as other analysts have predicted that Apple could see as many as 50 million pre-orders for the iPhone X alone. That being said, Samsung should probably try to make the most of it because according to reports, Apple is pushing for LG to supply them with OLED panels in the future, while there are also reports that Apple could be turning to Japan Display for “Full Active” LCDs which could be a temporary alternative to OLEDs while companies like LG ramp up production.