Apple and Samsung call truce on their rivalry

Apple signs up Samsung as chip supplier for new iPhone

Apple has reportedly signed up Samsung to supply chips for its new iPhone, in an apparent reversal of relations between the two rivals.

San Francisco-based Apple has been cutting manufacturing links with Samsung for over a year after a series of costly patent disputes between the two.

Samsung lost out on the contract to supply the central processing chips for the iPhone to Taiwanese firm TSMC last year. The South Korean electronics firm had provided the “brains” of the iPhone since the inception of the handset in 2007.

But reports in the Korean press today claim Samsung has struck a deal with Apple to provide state-of-the-art microchips for the new iPhone from 2015.

The alleged deal follows Samsung’s successful development of a next-generation processing chip ahead of its Taiwanese rival.

The Korea Economic Daily said the chips will be used to power the iPhone 7, to be released in late 2015, with no mention of whether Apple’s iPad will also use the technology.

Samsung and Apple declined to comment.