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Samsung to continue its Apple supply contract

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Even though Samsung Electronics lost the first round in its patent battle against Apple, it’s unlikely to damage the relationship in which Samsung is the sole supplier of Apple-designed chips that power the iPhone and iPad, reports “Reuters” (http://macte.ch/8rcZR).

At an emergency meeting in Seoul on Sunday, “the South Korean group’s post mortem was led by vice chairman Choi Gee-sung and the head of the mobile business JK Shin, rather than by CEO Kwon Oh-hyun, whose primary role is in charge of the components business,” and “the clear message from Samsung is that a strict internal firewall between its handset business and its components operations remains intact,” the article adds.

Samsung will appeal the U.S. verdict in the patent trial. However, the company isn’t going to risk its Apple supply contract, which is worth billions of dollars, “Reuters” reports.

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