iPhone X resale value

Companies are preparing to release their detailed earnings figures later this month and Samsung is expected to post declines for the third consecutive quarter, mostly due to the U.S.-China trade war and Japanese export curbs. However, Samsung’s display division will post some attractive numbers, but it’s not due to selling the panels. On the contrary, Apple owes Samsung penalties for not reaching its agreed quota because of slowing down iPhone sales.

Analysts estimate that Apple reimbursed Samsung about 800 billion won, or about $680 million, for missing the agreed-upon sales target. The number isn’t official yet, so the amount could vary slightly once Samsung publishes its figures, but analysts estimate it at the aforementioned amount.

An earlier report on the topic suggested that Apple was not likely to actually pay Samsung any amounts, but instead, the iPhone-maker could grant Samsung Display extra orders to cover the loss.

You May Also Like
OPPO Reno4
OPPO Reno4 official video teaser confirms triple rear camera setup
Earlier this month, an alleged OPPO Reno4 live image has appeared online.…
Pocketnow Daily: Google Pixel 4a and Pixel 5 Price: Seriously? (video)
On today’s Pocketnow Daily, we talk about the possible price of the Google Pixel 4a and Pixel 5, the possible design of the Samsung Galaxy Note 20 and more
MIUI 12
MIUI 12 rollout details are here: Check when your device will get the latest update
Here is a list of devices that have been announced to receive MIUI 12.