Samsung will produce 75% of Apple’s next-generation iPhone chips

There has been some debate and speculation recently about which company will manufacture the chips that will power Apple’s next iPhone but now it looks like Samsung will be doing most of the work. According to reports from South Korea, the company will be manufacturing around 75% of Apple’s processors at its factory in Austin, Texas.

Around 75% of the application processors that would power the next generation iPhone will be supplied by Samsung, according to a report from South Korea’s Maeil Business Newspaper, which cited unidentified sources in the semiconductor industry. While there was no word on the financial details of the deal, as well as which other companies, apart from Samsung, will be supplying the processors, a Reuters report noted that the South Korean company will manufacture the chips in its factory in Austin, Texas.