Monday, February 14, 2011

Apple to Buy $7.8 Billion Worth of Components From Samsung, and will be one of their largest purchased

Apple will reportedly plans to buy $7.8 billion worth of components from Samsung this year, according to the Korea Economic Daily.

The WSJ reports that "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."

The deal will make Apple Samsung's largest customer.

*thanks iclarified*

IMO Apple should buy out Samsung. This would solve many problems Apple is having, they would save a lot of time and money buying components if they owned some of these companies they purchase from. With Apples close attention to detail as heavily controlling everything that has to do with it's devices, it would only make sense for them to get into the manufacturing of their own devices.

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