Apple finds a new way to make Samsung lose $1 billion

%name Apple finds a new way to make Samsung lose $1 billion by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Apple is making Samsung pay, and it we’re not just talking about patent lawsuits. The Wall Street Journal reports that Samsung’s component supply business has taken a big hit recently because Apple has decided to branch out and use a wider variety of suppliers to cut down its dependence on the Korean electronics giant. While Apple has had mixed results in finding new supply chain partners and has even had to reportedly crawl back to Samsung on some occasions, the big picture is that Apple’s moves are still taking a bite out of Samsung’s bottom line.

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Posted in Mobile.