Monday, November 26, 2012

Apple in talks with Samsung to buy $7.8 billion worth of components

It's not clear if it's related to that mysterious $3.9 billion "strategic investment" or not, but it looks like Apple could be about to throw some serious cash in Samsung's direction. According to a report published in the Korea Economic Daily, Apple is expected to purchase some $7.8 billion worth of components from Samsung this year, including displays, applications processors, and NAND flash chips -- all intended for use in iPhones and iPads. As the paper notes, Apple would become Samsung's single biggest customer if the deal goes through, although the two obviously aren't strangers to massive deals -- Apple has already famously run Samsung's flash memory supplies dry a few times.

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