Samsung to reportedly supply next iPhone's A9 chip

Samsung will be the manufacturer of Apple’s future A9 chip, expected to be launched alongside new iPhone models later this year.

A report from Bloomberg, citing people familiar with the matter, claims that the deal between Apple and Samsung for processors has now been officially signed, though not yet publicly disclosed. The news corroborates earlier rumors which had pegged Samsung as going back into business with Apple.

The South Korean company had traditionally been Apple’s exclusive chip supplier, until last year when the contract went to TSMC. This led to a loss of almost one billion dollars for Samsung’s chip plants last year. However, the company has recently invested huge sums of money in building new, more advanced manufacturing facilities in South Korea and other parts of Asia, and if this report is accurate the move may prove highly successful. Samsung is expected to make up for last year’s loss with this new Apple deal.

Meanwhile, both companies have declined to comment on the subject matter, though rumors regarding Apple’s upcoming iPhone models are already spreading like wildfire. The Cupertino company usually unveils new devices in the fall, so we’re bound to learn more as we get closer.

Source: Bloomberg | Image via iFixit