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Technology Stocks : Mobile Computing - OSs & Manufacturers UNMODERATED
GOOG 320.28-1.0%Nov 26 3:59 PM EST

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To: Lahcim Leinad who wrote (2623)2/16/2011 9:07:18 AM
From: sylvester80  Read Replies (1) of 3170
 
Apple Contracts Samsung for $7.8 Bln Worth of Components; that makes Samsung Apple's LARGEST supplier

SEOUL (Dow Jones)--Apple Inc. (AAPL) is expected to purchase components used for its handheld devices from Samsung Electronics Co. (005930.SE) worth about $7.8 billion this year, the Korea Economic Daily reported Monday, citing industry sources.

The paper also said that Samsung will supply Apple with liquid crystal displays, mobile application processors and NAND flash memory chips used for the U.S. company's iPhones and iPads.

If the contract pushes through, Apple will become Samsung's largest customer, the paper added.

-By Jung-Ah Lee, Dow Jones Newswires; 822-3700-1907; jung-ah.lee@dowjones.com
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