Samsung will resume production of chips for the iPhone starting next year, according to a new report from The Korean Herald. The company lost orders to TSMC in 2013.According to news reports on July 18, Samsung recently purchased extreme ultra violet lithography machines, the most advanced chip manufacturing equipment, to produce seven-nanometer mobile processors solely for iPhone.
It's said that Kwon Oh-hyun, one of Samsung’s three co-CEOs, was vital in closing deal during a visit to Cupertino last month.
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