“According to a new report from Asia today, an ‘Apple tsunami’ is impacting on Samsung’s logic chip division, cornering top management to implement contingency plans to find new clients as Apple moves to other sources,” Jack Purcher reports for Patently Apple.
“According to IC Insights, a leading market research firm, Samsung reported $4.33 billion in revenue by supplying customized applications, last year, with Apple making up 89 percent of them or some $3.8 billion,” Purcher reports. “Mark Newman at Sanford C. Bernstein in Hong Kong said that going into 2014, Apple will start to use Taiwan’s TSMC so Samsung needs to find alternative customers for their own processor chips.”
Purcher reports, “There’s no one yet that’s going to fill the void due to Apple’s exit.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Chris Renaldi” for the heads up.]