TechWill Samsung file a lawsuit if Apple cancels orders for OLED displays?

Will Samsung file a lawsuit if Apple cancels orders for OLED displays?

According to a source, Samsung will sue Apple if the business fails to fulfill its OLED screen orders as promised.

Samsung Display’s CEO allegedly met with Apple’s CEO to discuss OLED display orders, according to Patently Apple. According to this source, Samsung will sue Apple if the corporation does not fulfill the orders as promised.

Samsung will sue Apple

“We believe the company’s year-to-date revenue performance for the June quarter will be influenced by a number of limiting factors in terms of revenue and financial performance,” Apple Chief Financial Officer Luca Maestri said yesterday at Apple’s Financials Conference. due to the global Covid epidemic’s impact on supply These restrictions are expected to be in the range of $4 billion to $8 billion, which is much higher than what we saw in Q3.”

In the smartphone business, supply restrictions affect every provider. In the first quarter of 2022, China’s Xiaomi, OPPO, and Vivo all suffered a significant drop in sales (as reported by IDC). Thanks to the popular iPhone 13 and Apple’s superb supply chain management staff, Apple was the only supplier to see a modest gain in the quarter.

Samsung will sue Apple

Samsung will sue Apple if the business fails to fulfill its OLED screen orders as promised

A supply chain insider said a meeting between Samsung Display CEO Joo-Sun Choi and Apple CEO Tim Cook took place around the same time.

Choi “was on a business trip when he learned of Apple’s decision to lower yearly iPhone manufacturing by 15% this year,” according to Korea’s IT Home site. According to the source, Apple CEO Tim Cook requested not to cut the amount of OLEDs bought in accordance with the initial pledge at a meeting.

“It is reported that at the end of last year, Apple set a strategy to create 220 million iPhone units by 2022 and alerted component suppliers based on this,” the source continued. Samsung Display is one among them, with an expected order of 160 million OLED panels for Apple’s iPhone.

However, due to semiconductor supply limitations and the disease’s continuous spread, Apple recently decreased its yearly iPhone manufacturing target to 185 million units, down 15.9% from the previous estimate.

Samsung will sue Apple

Samsung Display’s CEO hopes that Apple will not cut down on pledged purchases, and even if the business does, he hopes that the cuts will not be made immediately. Samsung Display openly stated earlier this year that it will “use patents as a strategy to deal with increasingly severe competition in the OLED market”: “Apple and Samsung are discussing a legal strategy against OLED display competitors.”

“I am aware that Samsung Display has warned through multiple channels that it may sue Apple for patents against devices featuring competing OLED screens,” an industry source told IT Home. Samsung’s aims, he believes, appear to have BOE.

With supply chains already under strain during the impending challenging economic period, Samsung may be able to exert pressure on competitors by leveraging its patent advantage.

5/5 - (1 vote)
[tdn_block_newsletter_subscribe title_text="Subscribe to our newsletter" description="VG8gYmUgdXBkYXRlZCB3aXRoIGFsbCB0aGUgbGF0ZXN0IG5ld3MsIG9mZmVycyBhbmQgc3BlY2lhbCBhbm5vdW5jZW1lbnRzLg==" input_placeholder="Your email address" btn_text="Subscribe" tds_newsletter2-image="7" tds_newsletter2-image_bg_color="#c3ecff" tds_newsletter3-input_bar_display="row" tds_newsletter4-image="8" tds_newsletter4-image_bg_color="#fffbcf" tds_newsletter4-btn_bg_color="#f3b700" tds_newsletter4-check_accent="#f3b700" tds_newsletter5-tdicon="tdc-font-fa tdc-font-fa-envelope-o" tds_newsletter5-btn_bg_color="#0d42a2" tds_newsletter5-btn_bg_color_hover="#1e73be" tds_newsletter5-check_accent="#0d42a2" tds_newsletter6-input_bar_display="row" tds_newsletter6-btn_bg_color="#da1414" tds_newsletter6-check_accent="#da1414" tds_newsletter7-image="9" tds_newsletter7-btn_bg_color="#1c69ad" tds_newsletter7-check_accent="#1c69ad" tds_newsletter7-f_title_font_size="20" tds_newsletter7-f_title_font_line_height="28px" tds_newsletter8-input_bar_display="row" tds_newsletter8-btn_bg_color="#00649e" tds_newsletter8-btn_bg_color_hover="#21709e" tds_newsletter8-check_accent="#00649e" embedded_form_type="feedburner" embedded_form_code="aXBob25lMTRuZXdz" tds_newsletter="tds_newsletter5" tds_newsletter5-icon_bg_color="#0d42a2" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjQwIiwiZGlzcGxheSI6IiJ9fQ=="]
[td_block_social_counter custom_title="iPhone 14 News Network" facebook="iphone14news" block_template_id="td_block_template_9" twitter="iphone14news_" instagram="iphone14news_" pinterest="iphone14news" rss_url="//feedburner.google.com/fb/a/mailverify?uri=iphone14news" open_in_new_window="y" f_header_font_size="22" social_rel="noreferrer"]

Recent Articles

Related news

Apple Introduces New 3nm M3 Chip with Strong GPU

With a GPU that is 65% faster than the M1, Apple's new 3nm M3 chip supports hardware-accelerated mesh shading and ray tracing. With the recent release of its new 3nm M3 chip, Apple has significantly improved the GPU. The chip will be offered in the recently revealed 14- and 16-inch MacBook Pro notebooks, along with a less expensive one found in the 24-inch iMac. The GPU, which is intended to enhance performance for professional applications and...

How to convert Word to PDF? Here are 4 common ways converting Word to PDF

Below are 4 popular methods for converting Word to PDF. Using an Online Tool One of the simplest and quickest ways to convert a Word document to a PDF is to use an online tool. There are many free online tools available that allow you to upload a Word document and convert it to a PDF with just a few clicks. Here's how to do it: Go to a website that offers a Word to PDF...

Yamaha Neo was released

Yamaha claimed that the 23.2 Ah battery and 72 km operating range of the Yamaha Neo electric scooter were built in Vietnam. According to Tech News Daily, this makes sense given that Yamaha just started building the Neo in Vinh Phuc in March 2022. Yamaha beat out Honda, Piaggio, Vespa, and Suzuki to introduce electric motorcycles in the Vietnamese market with the Yamaha Neo. Yamaha Neo is only available in Vietnam for 50 million VND. Even...

Numerous Apple devices automatically send alerts about issues

When a device abruptly stops working, typically as a result of a car accident, a feature that automatically automatically send alerts to emergency services is introduced by Apple in its most recent iPhone 14 and Apple Watch 8 series. Currently, the feature is backfiring, as evidenced by the 71 crash notifications issued by a ski resort in the US (automatically sent by Apple devices). None of these automated calls were emergencies, according to Summit County's...

iPhone 14 Pro Max Price in the United States in 2022

The iPhone 14 Pro Max has a dual camera system, which allows it to take portrait and landscape photos simultaneously. The iPhone 14 Pro Max is the greatest large-screen phone currently available, and it deserves its high price tag with its stunning always-on display, the best camera in the phone, and super-long battery life. Additionally, the iPhone 14 Pro Max is the only phone that supports wireless charging. The cost of an iPhone 14 Pro...

Apple Introduces New 3nm M3 Chip with Strong GPU

With a GPU that is 65% faster than the M1, Apple's new 3nm M3 chip supports hardware-accelerated mesh shading and ray tracing. With the recent release of its new 3nm M3 chip, Apple has significantly improved the GPU. The chip will be offered in the recently revealed 14- and 16-inch MacBook Pro notebooks, along with a less expensive one found in the 24-inch iMac. The GPU, which is intended to enhance performance for professional applications and...

How to convert Word to PDF? Here are 4 common ways converting Word to PDF

Below are 4 popular methods for converting Word to PDF. Using an Online Tool One of the simplest and quickest ways to convert a Word document to a PDF is to use an online tool. There are many free online tools available that allow you to upload a Word document and convert it to a PDF with just a few clicks. Here's how to do it: Go to a website that offers a Word to PDF...

Yamaha Neo was released

Yamaha claimed that the 23.2 Ah battery and 72 km operating range of the Yamaha Neo electric scooter were built in Vietnam. According to Tech News Daily, this makes sense given that Yamaha just started building the Neo in Vinh Phuc in March 2022. Yamaha beat out Honda, Piaggio, Vespa, and Suzuki to introduce electric motorcycles in the Vietnamese market with the Yamaha Neo. Yamaha Neo is only available in Vietnam for 50 million VND. Even...

Numerous Apple devices automatically send alerts about issues

When a device abruptly stops working, typically as a result of a car accident, a feature that automatically automatically send alerts to emergency services is introduced by Apple in its most recent iPhone 14 and Apple Watch 8 series. Currently, the feature is backfiring, as evidenced by the 71 crash notifications issued by a ski resort in the US (automatically sent by Apple devices). None of these automated calls were emergencies, according to Summit County's...

iPhone 14 Pro Max Price in the United States in 2022

The iPhone 14 Pro Max has a dual camera system, which allows it to take portrait and landscape photos simultaneously. The iPhone 14 Pro Max is the greatest large-screen phone currently available, and it deserves its high price tag with its stunning always-on display, the best camera in the phone, and super-long battery life. Additionally, the iPhone 14 Pro Max is the only phone that supports wireless charging. The cost of an iPhone 14 Pro...

Sharing Netflix accounts will end in 2023

Netflix is expected to ban users from sharing accounts with acquaintances unless paying extra, but this is seen as a major challenge for the company.

Sony’s first electric car will appear at CES 2023

Tech News Daily reports that Sony Honda Mobility (SHM), a joint venture between Sony and Honda, will make an important announcement on January 4 at the Consumer Electronics Show (CES) in Las Vegas. This has been confirmed by two companies. When Sony announced the date and time of its keynote at CES 2023, the company also said that Sony Honda Mobility would be there. Sony and Honda introduce electric cars at CES 2023 The little information Sony...