Apple to Samsung: Hey, Nice ChipsThe South Korean tech company reportedly will be the main supplier of processors powering the next iPhone.

ByReuters•Jan 26, 2015

Share

This story originally appeared onReuters

South Korea's Samsung Electronics Co Ltd will be the main supplier of processors powering Apple Inc's next iPhone, Maeil Business Newspaper reported on Monday, citing unidentified sources in the semiconductor industry.

Samsung will be responsible for around 75 percent of the chip production for the next iPhone, the South Korean newspaper said.

The newspaper did not say how much the contract is worth and what other company will be supplying Apple. Samsung will make the chips from its factory in Austin, Texas, according to the report.

A Samsung spokeswoman said the company does not comment on market speculation. Apple could not be immediately reached for comment.

(Reporting by Se Young Lee; Editing by Ryan Woo)

Reuters

Editor's Pick

Whole Foods Co-Founder John Mackey TalksHis New Health and Wellness Venture, What He'd Tell His 24-Year-Old Self, and the 2 Types of Entrepreneurs
When I Told People How Big This Franchise Could Grow, They Laughed.Now the Joke's on Them.
Want to Get the Credit You Deserve for Your Work?Do This, Says Bozoma Saint John — Who Ran Marketing for Netflix, Apple and Uber.
Is That Side Hustle a Scam?Here Are Four Questions You Need to Ask.
Is Elon Musk Pushing His Luck?Why Twitter's Rebrand to 'X' Might Resemble These 6 Rebranding Fails.
This $12 Billion Startup Nearly Imploded.When the Founders Revealed Their Wild Plan to Save It, Their Team Was Like, 'Whaaat?'

Related Topics

iPhone Apple Technology Samsung Competitors

Most Popular

See all

Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

Companies knew the mandated return to the office would cause some attrition, however, they were not prepared for the serious problems that would present.

By Gleb Tsipursky

Business Solutions

Learn to Program an AI Chatbot for Your Business in This $30 Course

Get back-to-school savings on this AI coding course.

By Entrepreneur Store

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

By Cheryl Snapp Conner

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

By Madeline Garfinkle

Thought Leaders

Mark Cuban Says These are the Dumbest Things Entrepreneurs Do

Whatever you do, don't do the first thing on this list. Or the second. Definitely not the third.

Leadership

This Common Leadership Habit Will Harm Your Credibility. Are You Guilty of It?

As leaders, we're always looking for ways to build credibility among peers and employees. But this easy-to-make mistake can ruin it in an instant.

By Entrepreneur Staff