Apple cuts iPhone memory chip orders from Samsung: source

Apple Inc has reduced its orders for memory chips for its new iPhone from key supplier and competitor Samsung Electronics Co, a source with direct knowledge of the matter said on Friday.

South Korea’s Samsung is a core Apple supplier, producing micro processors, flat screens and memory chips -- both dynamic random access memory (DRAM) chips and NAND memory chips -- for popular Apple gadgets such as the iPhone, iPad and iPod.

via Business feed http://www.scmp.com/business/companies/article/1031420/apple-cuts-iphone-memory-chip-orders-samsung-source