Samsung Electronics raises chip prices nearly 20% for Apple (AAPL)
Samsung Electronics raises chip prices nearly 20% for Apple (AAPL) - Chosun Ilbo
Monday, November 12, 2012 03:28:04 AM (GMT)
An official familiar with negotiations tells the Chosun Ilbo that Apple initially rejected the price increase but found itself unable to locate another supplier and therefore was forced to accept it. Samsung, which has a contract to supply the AP Delivery Units to Apple until 2014, supplied 130M last year and is expected to ship more than 200M this year.
This looks like a great angle for INTC to step in and swoop up the business!