The iPhone is a gold mine for Samsung, which is ironic considering the two companies are fierce rivals in the mobile business. The Korean giant produces various components for Apple, and it’s even working on winning some of the iPhone maker’s future AMOLED display business, according to some reports. But at the same time, Samsung is said to be missing out on a key iPhone 7 component next year.
HSBC writes in a research note to investors that TSMC is going to be the only company to manufacture the A10 chip that will equip next year’s iPhone 7, Apple Insider reports.
