Print 70 comment(s) - last by Xplorer4x4.. on Nov 17 at 3:34 PM

Samsung hikes up prices on Apple

The legal battles between Samsung and Apple have reached near legendary proportions. Apple won a major decision against Samsung in U.S. courts where the jury awarded Apple $1 billion in damages. Samsung is appealing that ruling and is even trying to get the case thrown out of court by alleging juror misconduct.

Apple lost a patent infringement suit against Samsung in Europe and was forced to run apology ads in major publications stating that Samsung did not copy the iPad.
Reports are now coming in that Samsung Electronics has recently raised the price it charges for mobile processors to Apple. Samsung supplies the processors for the popular Apple iPad and iPhone.

According to a source claiming to be familiar with negotiations between the companies, Samsung increased the price of processors it provides the Apple by 20%.

"Samsung Electronics recently asked Apple for a significant price raise in (the mobile processor known as) application processor," the person was quoted as saying in the report. "Apple first disapproved it, but finding no replacement supplier, it accepted the (increase.)"

Apple was, understandably, was unhappy with the price hike and initially refused to pay it. However, it came back and agreed to pay the additional costs when no alternative provider could be found.
The source also says that Apple buys all of its application processors from Samsung and purchased an estimated 130 million units last year. The source also estimates that Apple will purchase over 200 million application processors from Samsung this year.
One last tidbit the source noted was that Samsung has a long-term contract to provide the application processors to Apple that runs through 2014. Neither Apple nor Samsung have officially commented.

Source: Market Watch

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

txt 2 win
By Motoman on 11/12/2012 2:43:16 PM , Rating: 2
SaMsUnG: 20% uptick doosh

iApple: WTF!? GTFO!

SaMsUnG: lol k cya

iApple: w8

iApple: guise?

iApple: k srsly

iApple: 10%?

SaMsUnG: suck it

iApple: >:(

SaMsUnG: :O <========B

iApple: 15%

iApple: ...

iApple: ?

iApple: plz

iApple: fine. 20%

SaMsUnG: cha ching kthxbai

RE: txt 2 win
By xti on 11/12/2012 6:32:32 PM , Rating: 1
i was gonna say, the ascii weenie saved this post as being utterly useless.

RE: txt 2 win
By Cheesew1z69 on 11/14/2012 8:33:44 AM , Rating: 3
post as being utterly useless.
Like most of yours...

RE: txt 2 win
By Xplorer4x4 on 11/17/2012 3:34:16 PM , Rating: 2
Funny, I have seen an over whelming majority of your posts as nothing but flame bait lately. Granted it is typically directed at iTony, so it is not completely with out some merit, but it gets old.

“We do believe we have a moral responsibility to keep porn off the iPhone.” -- Steve Jobs

Most Popular ArticlesAre you ready for this ? HyperDrive Aircraft
September 24, 2016, 9:29 AM
Leaked – Samsung S8 is a Dream and a Dream 2
September 25, 2016, 8:00 AM
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
Snapchat’s New Sunglasses are a Spectacle – No Pun Intended
September 24, 2016, 9:02 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki