✉news TechnologyMobile first seen 9 h ago, last 2 h ago, peak #22
Korean Apple suppliers Samsung and LG face profit squeeze despite iPhone 17 debut
Original: S.Korean Apple suppliers, including Samsung, LG, face profit squeeze despite iPhone Duo debut
South Korean suppliers to Apple, including Samsung Electronics and LG, are seeing their profits squeezed even as the launch of the new iPhone Duo drives strong demand. Rising component costs and Apple's pricing pressure on its supply chain are weighing on margins, raising questions about how much the iPhone cycle actually benefits Korean component makers.
Why now: The new iPhone launch is in the news, but Korean suppliers' weaker profits contrast with expectations of a demand boost.
Samsung ElectronicsLGAppleSouth Korea
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Evidence
- S.Korean Apple suppliers, including Samsung, LG, face profit squeeze despite iPhone Duo debut · KED Global
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