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Market Chatter: Samsung, Apple Said in Talks for Potential US Chips Supply

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Samsung Electronics Co (KRX:005930) reportedly met with Apple executives for a possible chipmaking services and supply deal in the US.

Bloomberg News reported Tuesday, citing unnamed sources, that the South Korean chipmaker held meetings at its Texas plant, which is still under development, for its potential production of main processors for Apple devices.

Aside from Samsung, Apple is also said to be in talks with Intel as it mulls an alternative supplier to its longtime partner, Taiwan Semiconductor Manufacturing Co. No orders have been made yet and Apple may ultimately decide not to pursue a secondary option, the report added.

Apple, Intel and Samsung did not immediately respond to' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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