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http://www.marketwatch.com/story/apple-to-buy-78-billion-in-samsung-parts-report-2011-02-13 http://www.marketwatch.com/story/apple-to-buy-78-billion-in-... Fro
by ashbrahma 16y ago
http://www.marketwatch.com/story/apple-to-buy-78-billion-in-samsung-parts-report-2011-02-13 http://www.marketwatch.com/story/apple-to-buy-78-billion-in-...
From link "Apple Inc. (AAPL 356.85, +2.31, +0.65%) is expected to purchase components used for its handheld devices from Samsung Electronics Co. worth about $7.8 billion this year, the Korea Economic Daily reported Monday, citing industry sources.
The paper also said that Samsung will supply Apple with liquid crystal displays, mobile application processors and NAND flash memory chips used for the U.S. company's iPhones and iPads.
If the contract pushes through, Apple will become Samsung's largest customer, the paper added."
- nika 16y agoApple also reported in one of their financial calls that they spent $4.9 Billion out of the war chest to secure future supplies of components they consider critical. They didn't say which ones they were... but I think they feel the market is there for any of the others.