Apple pays Samsung $950 million for missing OLED purchase targets

According to display analysts at Display Supply Chain Consultants, Apple in the second quarter of 2020 paid Samsung approximately $950 million for not meeting OLED panel purchase goals established in agreements between the two companies.
Apple’s iPhone 11 Pro
Juli Clover for MacRumors:Samsung last week shared guidance on revenue and operating profit for the second quarter of 2020, which included a one-time gain related to its display business. The one-time payment is believed to be from Ap