Samsung is Making $110 for Every iPhone X Sold

Apple iPhone X

Samsung actually has a vested interest in the iPhone X being a huge success. s. According to The Wall Street Journal, the company stands to make around $110 from each iPhone X sold, which all would result in billions more than the company even made on its own most-recent flagship, the Galaxy S8.

In other words, all that money is going to Samsung Group, the mobile division of the company. Here's Why? Samsung made the OLED display, NAND flash, and DRAM chips in the iPhone. It’s currently the only company capable of manufacturing these items at the volume that Apple needs, which means Apple has to buy the parts from Samsung.

Apple isn't the only winner if the iPhone X sells well, though. Samsung is set to profit hugely from the handset. We know that every iPhone ships with Samsung components inside, but the iPhone X will be fitted with a Samsung OLED screen, NAND flash memory chips, and batteries and capacitors from Samsung affiliates.

"These are two of the largest companies on the planet deeply tied at the hip and directly competitive." David Yoffie.


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