Samsung is reportedly preparing to churn out as many as 95 million panels for Apple in case the demand for the iPhone 8 will exceed expectations. If this doesn't happen and all 70 million units don't get sold, the surplus handsets will be carried over to the next year depending on demand.
Apple is expected to launch three iPhones this year - 4.7-inch display, 5.2-inch display and 5.5 inch display.
The success that Apple can achieve with its iPhone 8 is a subject of debate among the leading market analysis firms, which are already forecasting the sales volume of the new model. Not only that, but it also stands to see both significant unit shipment increases in addition to a potential blended average selling price boost thanks to the OLED iPhone. However, the upcoming phone is expected to transition to the OLED technology, resulting in the handset featuring a vibrant display that will also contribute to an efficient iOS operating system. In other reports, Apple has told Imagination Technologies that it will be working on its own graphics processor technology, though that will come in the future iPhones, and not the iPhone 8 series. Samsung's with a 2.1 million stock thereby striking a rise of nearly 1.54 percent, is now in the headlines for recently announcing the Galaxy S8 and S8 Plus smartphones.
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The last session's volume of 2.12 million shares was lower than its average volume of 2.73 million shares. The company has a 50 day moving average price of $238.94 and a 200 day moving average price of $213.75.
Nikkei also noted that Apple is going to launch three new models, which could comprise of iPhone 7S, iPhone 7S Plus and iPhone 8, for the iPhone's 10th anniversary.
The iPhone 8 is expected to be unveiled later this year.some reports suggest it won't be available until after September. As for Samsung itself, the company has been using the screen for its Galaxy S8 and S8 Plus, which only adds to its impressive array of features, including facial recognition. Interestingly, Samsung will be only the supplier to Apple for this part of the year.