Apple to become Samsung’s No. 1 customer with $7.8 billion in parts purchases this year

By on Feb 14, 2011 at 12:29 PM
mobile February 14, 2011

According to an unconfirmed report originating in the Korea Economic Daily newspaper, Apple will become Samsung’s largest customer in 2011. Citing anonymous industry sources, the report states that Apple is poised to spend $7.8 billion on parts from Samsung, which is one of the largest component suppliers in the world. Apple is known to have parts contracts in place with Samsung, but this staggering sum would make the Cupertino-based company Samsung’s single largest customer this year. The report states that liquid crystal displays, mobile application processors and NAND flash memory chips are among the parts Samsung has been contracted to supply for Apple. Apple and Samsung are also rivals in the mobile space, of course, with Apple’s iPhone and iPad competing directly with Samsung’s mobile phone and tablet lines.

[Via MarketWatch]

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22 Comments

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  • markiz

    un interesting.

    • Anonymous

      And then some!

  • Anonymous

    hopefully I can finally get a 64gb iPhone

    • Anonymous

      Why? You could get a 3TB Android device now!

  • Jake

    STUPID!!

    • Anonymous

      I know. Why would Samsung expose themselves financially by betting on a company that will be cashless in 12 months!

  • Anonymous

    Why are you all saying this is stupid? It’s a lot more relevant that hearing about dumb, baseless iphone nano rumors.

  • Midi45

    I hope Apple doesn’t catch the fragmentation bug that Samsung has…

    • http://twitter.com/AmongTheDamned Taylor Durden

      I hope that more people start to use the buzzword “fragmentation” as often as possible.

      • Anonymous

        Goes along with duct tape. LOL. Good one Taylor!

    • Alexander530

      It won’t. The iphone is not an android phone :)

  • Anonymous

    In other news, Apple is buying Samsung.

    • Anonymous

      Wouldn’t that be something??? Sapple? Appsung? Huh, I see the marketing guys trying to figure this out!

  • Scorp

    Keeping each other in business. No one should find it strange that competitors often work together in different areas.

    • Anonymous

      Just goes to show it isn’t all about the hardware since they all get something from somewhere else.

      • Anonymous

        Huh?

      • Anonymous

        Exactly

  • Big Papi

    So for all those people who claim they’ll never buy Sammy again, well when they buy Apple, they indirectly buy Samsung. Its no surprise though.

  • Anonymous

    I hope Sammy’s getting their money upfront because Apple won’t be able to pay their bills once Android’s taken over. Unfortunately, due to heightened competition in the Android space I am not sure how much they will be able to drive in profit from their Android business.

    • Alexander530

      Apple made more money than Samsung in the last quarter. You obviously do not know what you are talking about.

      • Anonymous

        That’s what they are telling you. But advanced Goofan (aka Apple Hater) Nation Intelligence teams have already seen confirmation that Apple has in fact been losing money for the last 6 quarters due to Google’s amazing Android. So, sorry buddy, you are out of luck… And so is Apple!

    • Pastry

      You’re not sure only because you have no imagination.

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