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August 28, 2012

Samsung Determined To Continue Parts Deal With Apple Despite Patent Lawsuit



(GSM Insider) - As we knew that Samsung and Apple involved in the high speculation of lawsuit where Apple prevailed and Samsung needs to pay $1 billion for the damages. Although they are foes in the court, but Samsung and Apple still the partners in term of parts and components.

According to Reuters, the verdict will not effect on the partnership between Samsung and Apple. Samsung is the sole supplier of micro processors for iPhone and iPad. Furthermore, Samsung supplies DRAM and NAND-type memory chips and flat screens of Apple gadgets. Samsung's products comprise 26% of component cost of the iPhone. 

According to Morgan Stanley, Samsung's component sales could hit $13 billion next year. This clearly shows that Samsung does not want the lawsuit to effect their billions worth business. Hit the source button to reach Reuters page. [Source]

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