Samsung to receive $11 billion from Apple for parts

Samsung will provide Apple with components to the tune of $11 billion in 2012

March 14, 2012
Apple_logo_stars

Apple will probably spend $11 billion on parts sourced through various Samsung channels in 2012 for use in its devices.

This is according to an anonymous Samsung official speaking to the Korea Times.

This wasn’t the only revelation however; the same official noted that Apple is planning to release a smaller iPad device.

“The contract is expected to rise to $11 billion by the end of this year as Apple is planning to release a smaller iPad, probably with a 7.85-inch screen, and to sell more of its MacBook Air PCs using Samsung’s faster solid state drive (SSD) storage,” the source was quoted as saying.

Samsung currently supplies a range of components for various Apple devices, and is reportedly one of the main suppliers of the retina display found in the iPad 3.

Read the full story at: Boy Genius Report.

Tags: Apple, Samsung

Anonymous News Tip
Free Email Newsletter:
Subscribe
X

Anonymous News Tip






Captcha image
Not readable? Change text.

sending

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Are you using public WiFi hotspots to connect to the Internet in places like airports, restaurants or shopping malls?

View Results

Loading ... Loading ...

More News

Top computer brands in SA – Apple vs Dell vs HP vs Lenovo vs Acer

Black man computer

Effective Measure’s latest research reveal the most popular computer brands in South Africa

DA advert a hit on YouTube

Democratic Alliance DA logo

The DA’s “Ayisafani” election advert is raking in the views online

Fibre broadband the way forward

broadband speed

Point Topic’s global broadband subscriber numbers shows the rapid take-up of fibre based broadband access

Death of the CIO?

Black man computer

I will give chief information officers (CIOs) one to two years to survive, unless they transform to take on a more business-focussed role. – Terry White, director, CXO Advisor

bool(true)