Mar 25 2010

Apple Signs Contract With Samsung

Apple has most likely sold a lot of iPads during the pre-order period and apparently expects to sell a lot more because it has signed a three-year, $240 million deal with Samsung in order to secure three million displays for the iPad.

Samsung is not the only company that has signed big, long-term deals with Apple. LG has been supplying Apple with displays for some time now. By signing with multiple suppliers, Apple can ensure that it is not dependent on just one company to supply displays.

According to a Samsung executive, Apple and Samsung are allegedly working on a contract for supplying displays for the next generation iPhone. The executive probably was not supposed to leak this information, so it remains to be seen if the notoriously secretive Apple will be angry over this news becoming known.

Via Forbes, image via Apple.

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2 Comments on this post

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  1. Wall Street Journal Announces iPad Pricing | NetbookBoards.com wrote:

    [...] if any, the iPad will have on print media in general, both books and newspapers. Because of all the hype surrounding the iPad, it is easy to forget that the device has not even been released yet. But one [...]

    March 26th, 2010 at 12:38 am
  2. Apple Signs Contract With Samsung | All Netbook News wrote:

    [...] more from the original source: Apple Signs Contract With Samsung AKPC_IDS += "675,"; Share and [...]

    March 26th, 2010 at 5:37 am

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