Apple may pay Samsung Display over reduced OLED iPhone 12 mini panel orders

Samsung Display could be paid by Apple over lower than anticipated OLED panel orders due to slow iPhone 12 mini sales, according to industry observers, an event that has happened a few times before.

Apple enters into agreements with its supply chain partners to secure optimal pricing for components. Sometimes, this involves contracts where Apple guarantees a minimum number of units to be ordered, and occasionally it cannot meet those requirements.Anonymous industry observers speaking to The Korea Herald claim that such a situation has arisen in Apple’s relationship with Samsung Display.

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