Aug 6 (Reuters) - Apple ( AAPL ) said on Wednesday that
Samsung Electronics ( SSNLF ) will supply chips from its
production plant in Texas for Apple ( AAPL ) products including iPhones.
"This facility will supply chips that optimize power and
performance of Apple ( AAPL ) products, including iPhone devices," Apple ( AAPL )
said in a statement.
A Samsung spokesperson declined comment.
The statement was made as part of Apple's ( AAPL ) announcement it would
spend an additional $100 billion in U.S. investments, bringing
its total investment commitment to the country to $600 billion
over the next four years.
Tesla recently signed a $16.5 billion deal to source
chips from Samsung, with Tesla CEO Elon Musk saying in late July
that Samsung's new chip factory in Texas would make Tesla's
next-generation AI6 chip.
Samsung's chip contract manufacturing business is expected to
reduce losses by securing new orders in 2026 to make image
sensor chips for iPhone 18s and chips for Tesla, Pak Yuak,
analyst at Kiwoom Securities, wrote in a note late last month.