Samsung is looking for new customers after Apple slashed iPhone X production leaving it with excess OLED capacity, according to Nikkei. Production of the iPhone X is expected to drop by half in the first three months of this year from an initial estimate of over 40 million units.Having ramped up production capacity to meet demand for the latest iPhone, the first model to incorporate the panels, Samsung is now saddled with excess production capacity. Other smartphone makers, who Samsung had hoped would incorporate OLED panels, have been slow to make the transition due to their expense and are sticking to liquid crystal displays.
Making things worse, Chinese manufacturers are now expanding production capacity for OLED panels, increasing price competition. Samsung's OLED panels are reportedly priced at over $100 unit, including touch sensors. That's almost twice the cost of the LCDs used in the iPhone 8.
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