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November 12, 2012 05:40 pm GMT

Apple Reportedly Swallows A 20% Price Hike For Its Samsung-Supplied Mobile Processors

Apple-A6Samsung has reportedly increased the price of the mobile processors it manufactures for Apple's iOS devices by 20 percent, according to South Korean daily newspaper Chosun Ilbo, which says it received the information with someone familiar with negotiations between the two firms. Apple apparently wanted to walk away rather than accept the new terms, according to the report, but had no replacement supplier to take over manufacturing.

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