Archive for January 15th, 2016

According to the latest report from people familiar with the matter, Samsung is planning to invest up to $7.47 billion in manufacturing facilities and equipment required to supply Apple with flexible OLED panels for future iPhones. The deal with the Cupertino-based tech giant is nearly signed, so looks like soon Samsung will become Apple’s main component supplier.

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One of Apple’s largest component suppliers, Taiwan Semiconductor Manufacturing Company (TSMC), has recently reported the record-breaking net profit generated by the orders for processors for Apple’s iPhones. In fact, the manufacturer managed to beat all the estimates the analysts made for the last year and earned $9.15 billion, which is 16.2% more than in 2014.

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