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Reuters: Apple paid Samsung $684 million for unrealized iPhone OLED screen sales

July 5, 2019


Since Apple started the transition to OLED screens for the iPhone, we’ve been hearing reports that Apple kept cutting orders for Samsung, its biggest supplier for the iPhone X and iPhone XS models, as a result of weaker than expected sales. A story from Korea said a few days ago that Samsung has been seeking compensation from Apple for unrealized OLED display sales for the iPhone. Now we have an idea of how much Apple has agreed to pay its supplier, although the extra cash will not help with Samsung’s disastrous quarter.

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