Apple (AAPL) Distances Itself Further from Samsung with New Chip Agreement
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Price: $289.36 +2.70%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
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Apple (Nasdaq: AAPL) might be making the switch away from Samsung sooner than later.
According to reports out Wednesday, Taiwan Semiconductor (NYSE: TSM) might have been contacted to make next-generation A6X chips for Apple's upcoming iPad. Production of the chips are expected on the current quarter.
Chatter on the shift has been circulating for a while, though many expected a late-2013 move.
It won't be an overnight process either; some estimate the move could take Apple 18 months to complete.
Still, Apple has been looking to diversify its supply chain as litigation with Samsung continues to fester. The companies have patent litigation pending in several key markets, including the U.S. and several European countries.
Samsung's Galaxy S III and Galaxy Note 2 have become formidable competitors to Apple, each selling millions of units globally.
Apple and Taiwan Semi are higher in early trading Wednesday.
According to reports out Wednesday, Taiwan Semiconductor (NYSE: TSM) might have been contacted to make next-generation A6X chips for Apple's upcoming iPad. Production of the chips are expected on the current quarter.
Chatter on the shift has been circulating for a while, though many expected a late-2013 move.
It won't be an overnight process either; some estimate the move could take Apple 18 months to complete.
Still, Apple has been looking to diversify its supply chain as litigation with Samsung continues to fester. The companies have patent litigation pending in several key markets, including the U.S. and several European countries.
Samsung's Galaxy S III and Galaxy Note 2 have become formidable competitors to Apple, each selling millions of units globally.
Apple and Taiwan Semi are higher in early trading Wednesday.
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