Samsung raised the price of production of processors for Apple by 20%

According to a source close to the negotiation process, Samsung Electronics raised the cost of production of mobile processors for Apple immediately by 20%.

Samsung Electronics Apple processors

As stated by the source, the company recently turned to Samsung Electronics and demanding to increase the cost of production of mobile processors from Apple, the latter rejected the proposal, but did not find its replacement, so had to make concessions and accept the proposed increase. It should be noted that while Apple itself develops design of its mobile processors.

New agreements have entered into force, but they are unlikely to affect the pricing Apple for its mobile devices. According to latest information, Apple last year received from Samsung Electronics 130 million mobile processors for the iPhone and iPad, and this year, the volume of orders increased to 200 million at the moment, Samsung Electronics from Apple has a long-term contract until 2014.