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Samsung Backs Apple Into A Corner With 20% Price Hike On All Mobile Processors - cultofmac.com
Samsung currently supplies all of Apple’s mobile processors.
Samsung has dealt Apple a nasty blow by increasing the price of its mobile processors — the ones built into every iPhone, iPad, and iPod touch — by 20%. According to a person familiar with negotiations between the two companies, Apple initially disapproved the price hike, but was forced to accept it with no replacement supplier available.
“Samsung Electronics recently asked Apple for a significant price raise in (the mobile processor known as) application processor,” the person was quoted as saying in the report. “Apple first disapproved it, but finding no
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