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The report adds that Samsung's component division could earn up to $4 billion in revenue from iphone xWhere to buy 1219 1199 89340 sales, more than the sales of Galaxy S8. The earnings will be part of Samsung's component manufacturing division which is part of the conglomerate and not Samsung Electronics, the entity behind Galaxy smartphones and other consumer electronics devices.
It is a known fact that Apple needs Samsung for the most of the components embedded in its iOS devices. Samsung is the sole supplier for OLED displays used on iphone xWhere to buy 1219 1199 89340 and it also supplies NAND flash and DRAM chips in huge quantities needed for iPhones every year. The Wall Street Journal further notes that 35 percent of the revenue of Samsung's component business comes from the huge chunk of orders from Apple.
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Apple and Samsung continue to be bitter rivals in the smartphone business but the former is also heavily dependent on the latter for procuring components. With Apple selling nearly 50 million iPhones every quarter, Samsung seems to make money off iPhones than it does from selling Galaxy phones.