Translations - Abu Dhabi
Technical reports revealed that Apple will pay a large sum to Samsung for not buying the agreed share of the South Korean phone screens.
The US company will pay about $ 680 million in fines for Samsung because Apple has not received the full amount of screens it ordered after it was hurt by the drop in iPhone sales, according to the PhuketNow website.
Despite the frantic competition between them, Apple is fully dependent on Samsung for the manufacture of advanced AMOLED screens for iPhone phones.
There was no official announcement of how much Apple should pay, but experts said it would be worth hundreds of millions of dollars.
Companies are poised to announce their earnings later this month, and Samsung is likely to announce a decline for the third consecutive year.
According to the source, the decline is mainly due to trade wars launched by US President Donald Trump, because he sees inequality in the trade partnership between the United States and the rest of the world.