Apple set to order $11 billion worth of parts from Samsung this year
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Apple gets a lot of love for creating gorgeous looking devices and drop dead simple software, but it’s companies like Samsung, LG, and TSMC who we should lavishing with attention. They invest in hard research and development, the type of stuff that’s needed to come out with ultra high resolution displays, faster processers, solid state storage, and everything else that makes up modern smartphones and tablets. According to a report from The Korea Times, Apple is set to order $11 billion worth of parts from Samsung over the course of 2012. To put that number into some perspective, it’s believed that Apple bought $7.8 billion worth of components from Samsung during 2011. »read more
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