Re:Apple tells suppliers to produce 10% fewer new iPhones
by tooltalk on Wednesday January 09, 2019 @07:22AM
(#18864194)
Samsung's earnings have been hit, but not by similar factors.
Samsung's declining earnings has all to do with the declining memory price. The company had been under pressure to increase production to lower the price of memory products all year last year. Apple's problem is in China, fewer unit sales -- their timing is pure coincidence.
Also note that Samsung's market share in China is almost nil, from #1 just four years ago. The company has really nothing to lose at this point.
Samsung's declining earnings has all to do with the declining memory price. The company had been under pressure to increase production to lower the price of memory products all year last year. Apple's problem is in China, fewer unit sales -- their timing is pure coincidence.
Also note that Samsung's market share in China is almost nil, from #1 just four years ago. The company has really nothing to lose at this point.