Samsung Reports A Strong Quarter, Will Not Be Affected By Apple's Lower IPhone X Sales Much, Commits To A Foldable Phone In 2018
Samsung Electronics reported its results for Q4 of 2017, with a record quarterly profit of $11.2 billion supported by strong demand for memory chips and high-end displays. Samsung Display reports increased OLED shipments for premium smartphones.
Looking at Q1 2018, SDC says that its OLED business is likely to be affected be declining demand due to seasonality and increased competition from LTPS LCD. For the the whole of 2018, SDC expects OLED to increase its penetration in the smartphone industry, and the company aims to introduce new premium applications such as foldable displays and OLEDs for the automotive market.
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