Samsung Raising Price on Apple Chips, Report Claims
Samsung is raising the cost of the processors it supplies to Apple by 20 percent, according to MarketWatch, citing the Korean publication Chosun Ilbo. “Samsung Electronics recently asked Apple for a significant price raise in (the mobile processor known as) application processor,” a source familiar with the negotiations is quoted as saying. “Apple first disapproved it, but finding no replacement supplier, it accepted the (increase.)” The person adds that the new prices should already be in effect.
Although Apple custom-designs the A-series chips used devices like iPhones and iPads, they’re based