There’s no greater rivalry in the tech world than what Apple and Samsung share. That’s why it’s so interesting to see one of the two brands benefit from the other’s success.
That’s the case for Samsung’s components division and Apple’s flagship iPhone X, which is set to go on sale in early November.
The Wall Street Journal reports that Samsung will be making US$ 110 for every iPhone X sold. That’s more than 10 percent of the handset’s retail price of US$ 999.
Thanks to the supply of flash storage, RAM modules, and OLED panels Samsung is providing for Apple, the components division of the South Korean company stands to profit more from sales of the iPhone X than with the company’s own Galaxy S8 and Note 8.
This doesn’t come as much of a surprise if you’ve been following Samsung’s success in producing smartphone components. Other companies have been eating up Sammy’s memory and display parts more than ever, and those are driving most of Samsung’s profits for the past year.
With Apple relying on three major components for their latest and greatest smartphone — would’ve been four had they also employed Samsung’s processor manufacturing like they did in past iPhones — the rivals are in a mutually beneficial relationship despite their legal battles in court.