iPhone X Sales Collapse Leads To Bitter Row With Samsung, Apple Up For Big Penalties | WHAT REALLY HAPPENED

iPhone X Sales Collapse Leads To Bitter Row With Samsung, Apple Up For Big Penalties

When Apple wanted to take on the top end Samsung Galaxy smartphones, they engaged archrival Samsung Display to deliver a new OLED screen.

And because of the forecast numbers which were up to 100 million screens a year Samsung built a brand-new OLED production plant which was configured to supply Apple with over 100 million OLED display panels annually.

The new Samsung A3 plant was capable of delivering 105,000 6th generation flexible OLED panels per month and was constructed ‘exclusively for Apple.

Then everything went “pear shaped” claim insiders.

The much-heralded Apple iPhone X failed to sell due to the premium cost of the device and the fact that the new Samsung range of smartphones were seen as a better offering with thousands of iPhone owners choosing to stick with their current model smartphone.

The contract between the two Companies had “penalty clauses” built in according to sources, which Apple are now trying to get out of paying as they add up to hundreds of millions.

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