This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple and Samsung Love-Hate Relationship Is Ongoing

NEW YORK ( TheStreet) -- The ongoing love-hate relationship between Apple (AAPL - Get Report) and Samsung likely will continue well into 2014. Apple reportedly signed a new deal to purchase processor chips from Samsung for its next generation of iPhones.

According to Digitimes, sources within the supply chain said Samsung has signed a contract to produce a quantity of small, thin (14/16nm) FET processors to be used by Apple in 2015 smartphone models.

Sources said Samsung will be manufacturing only a portion of what Apple will need for its production lines;  Taiwan Semiconductor   (TSM) is believed to be the main supplier for the current 20mn chips used in Apple's 2014 models. The split will reportedly be 60%-70% TSM and 20%-40% Samsung.

Those same sources said they believe it's possible that TSM and Samsung will equally share in the production of Apple's manufacturing order for 2014 phones.

None of the companies mentioned were willing to comment on relationships or deals.

Samsung also has reportedly recently tapped into Apple's store magic to help set the course for its own retail ambitions.

The reported Samsung has hired Tim Gudgel, Apple's top store design executive, to help create a new standard for a chain of possible Samsung electronics retail emporiums.

Gudgel's past credits include an apprenticeship with Gehry Partners and famed architect Frank Gehry.

A Samsung stand-alone retail chain is reportedly still in the early planning stages -- Samsung currently has a deal in place to create 1,400 Samsung Experience stores within existing Best Buy (BBY) locations across the country. Apple also has a deal for its own Apple Shops within Best Buy stores and lists more than 150 stand-alone stores nationwide.

Microsoft (MSFT) is also also investing in building its own retail chain. The company currently lists more than 75 stores nationwide with six in New York, four in New Jersey and two in Connecticut.

-- Written by Gary Krakow in New York.

To submit a news tip, send an email to

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs