Samsung has increased by 20% the price of processors for Apple

    Samsung Electronics has increased by 20% the cost of the mobile processors it sells to Apple for iPhone and iPad devices, MarketWatch reports with reference to informed sources. Having received Samsung’s offer of price increases, Apple initially rejected the new terms, but was unable to find an alternative supplier, so she had to agree. Settlements at new prices have already begun.

    The contract for the supply of processors was concluded until 2014. Samsung also sells Apple flash memory, DRAM, and displays. Last year, Apple purchased components for $ 9.2 billion.

    The reason for the price increase for processors is not known, but based on the projected supply of about 130 million processors this year and more than 200 million next year, Samsung can get almost $ 1 billion in additional profit.

    Also popular now: