Weaker than expected iPhone X demand supposedly leaves Samsung scrambling for new OLED buyers

%name Weaker than expected iPhone X demand supposedly leaves Samsung scrambling for new OLED buyers by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

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. While a scale-back in iPhone production is normal as Apple transitions from the busy holiday quarter to the relatively uneventful March quarter, there are rumblings that underwhelming demand for the iPhone X has led to more drastic reduction in production than anticipated.

In the build-up to the iPhone X launch, many analysts anticipated that the device would usher in a super-cycle of upgrades. In turn, Samsung ramped up its OLED production to meet what was expected to be staggering demand. With things playing out a bit differently, Samsung — for the time being — now finds itself stuck with an abundance of OLED panels with no buyers capable of picking up the slack.

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Weaker than expected iPhone X demand supposedly leaves Samsung scrambling for new OLED buyers originally appeared on BGR.com on Sun, 18 Feb 2018 at 14:19:25 EDT. Please see our terms for use of feeds.

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