Samsung has big plans for the iPhone

Samsung has very big plans for iPhone in the coming years, the Koreans wanting to produce processors for every Apple smartphone sold worldwide. Samsung wants to triple its market share in terms of smartphone chip production, and this includes a substantial increase in orders to produce future iPhone and iPad processors in the coming years.

Samsung earned the most money in Q2 2017 from the division that produces chips for mobile terminals, and starting from here the company wants to make even more money. Samsung wants the number of clients of the division that produces chips to grow exponentially in the next 5 years, increasing at the same time the orders the company receives from those who have already been its clients for some time.

Samsung's main rival in this market is the TSMC company, which produces the vast majority of processors in the last two iPhone models, with the iPhone 7 having exclusivity. Samsung wants to regain orders from Apple, perhaps even exclusively, so it is also making massive investments to prepare its factories for a substantial increase in chip production.

Samsung is not sure if in the first 5 years it will succeed in surpassing TSMC in terms of the production of chips for smartphones, tablets and other electronic products, but it hopes for it. by obtaining larger orders from Apple, Samsung can secure more billions of dollars for the division that produces chips, but it remains to be seen if it will be able to convince those in Cupertino to trust it again.

"Samsung plans to triple the market share of its contract chip manufacturing business within the next five years by aggressively adding clients, a senior company executive said, as it targets new growth drivers for the chips business. Analysts estimate Samsung lost Apple to TSMC in 2015 and the Taiwan firm has had 100 percent of Apple's mobile processor business in 2016 and 2017."

samsung iphone plans