Samsung and Apple have been vehemently fighting each other over smartphone patents and the market share in various countries, but very few of us know that the two companies remain close collaborators on manufacturing Apple's iPhone. Samsung has a contract for supplying the application processors used in Apple's iPhone!!!! Interesting example of co-opetition.
However as per market news, Samsung may lose its supply contract for the application processors used in Apple's iPhone for the coming year. Apple is now expected to award the contract to TSMC to manufacture all the application processors (APs) used in the 2014 model of its iPhone. Let's wait for the news to be confirmed officially