Samsung and Apple have been competing in the smart phone market for years, but what everyone does not know is that the South Korean company benefits materially from Apple phone sales, especially its latest iPhone X.
The new iPhone X is based on an OLED display for the first time on Apple devices, and it is surprising that Apple relies on Samsung as a supplier to these screens. It has its own production line that Apple does not own.
In addition to the OLED screens, Apple relies on Samsung to get other components, including chipsets and communications in the combination of iPhone devices.
According to a report by Countpoint Technology, which studied the components of iPhone X on which Apple has relied on Samsung, the value of these components combined, including the screen, belongs to Samsung at a profit of $ 110 for every phone for iPhone X sold by Apple.
Since the price of iPhone X is $ 999, Samsung takes 10% of every iPhone that Apple sells.
Samsung is expected to make gains of close to $ 15 billion over the next two years of sales of iPhone X, which is expected to reach 130 million phones by 2019.