Samsung Increases Price For Apple's Processors
Apple has no choice but to accept price increase.
With the two technology giants locked in a variety of lawsuits around the globe, Samsung is said to have increased the price of its processors made for Apple by 20 percent.
If true, the latter has no choice but to adhere to the price increase as Samsung is purportedly the only company who can deliver the quantity of components Apple requires.
The Wall Street Journal cites a source who is "familiar with negotiations between the two tech giants". The source stated: "Samsung Electronics recently asked Apple for a significant price raise in (the mobile processor known as) application processor. Apple first disapproved it, but finding no replacement supplier, it accepted the [increase]."
With the price increase, Samsung is expected to pocket a healthy amount of profit. Estimates suggests that Apple ordered 130 million processors last year, with the figure set to exceed 200 million in 2012 due to the launch of the iPhone 5, iPad 4 and iPad Mini.
Apple will have to pay the inflated price until at least 2014, which is said to be when the contract between the two fierce rivals ends.
As for Samsung supplying displays to Apple, the firm denied it terminated its contract with Apple, despite initial reports suggesting otherwise.

Apple will lose profits and eat the additional production costs. Asian companies have a major advantage with local talent able to help manufacture electronic components so cheaply. I hope Apple will work with a US chip company but highly doubt it.
Apple, you don't want to upset your providers
Serves that grubby, entitled, ass hat wearing company right. Some might have thought that because Apple had entered into the chip design business that they were going to start to fab those chips as well. However its one thing to Build things, another all-together to simply design them. Apple knows this all to well now.
They will perhaps try to start making their own hardware, but that time is a Very long way into the future. A future that today, because of this action, just got a little better.
-CB
Nobody is saying Samsung is a "innocent company" but apple did sue someone that supplies them with parts (As the saying, Dont bite the hand that feeds you!)
Although apple has sued on a lot of stupid stuff....
Fact is, Samsung could find itself in some antitrust trouble with this. Since Samsung is the top competitor to Apple in the smartphone market currently, courts could very well rule that Samsung is using their position as suppliers of iPhone CPU's to force Apple to raise their prices thus giving Samsung's phones an advantage.
Behavior of this kind by both Apple and Samsung is only bad news for us the consumer.