Samsung Denies Claims of Price Hikes for iOS Device Chip Production

MacRumors · Nov 14, 2012, 11:06 AM

Earlier this week, it was reported that Samsung had instituted a 20% price increase for production of Apple's A-series chips used in the company's iOS devices. The move was seen by some as a potential salvo in the ongoing patent battle between the two companies.

The Street now reports on an article [Google translation] from Korean newspaper The Hankyoreh citing a Samsung executive as saying that the rumors of a price hike are untrue.

Quote:

After reports earlier in the week that the South Korean technology giant was raising application processor (AP) prices on Apple by as much as 20%, a Samsung Electronics official denied the reports to The Hankyoreh, a Seoul-based newspaper.

The unnamed official noted that prices are set at the beginning of the year and aren't changed easily.

Conflicting reports about possible price hikes by Samsung come as the company has indicated that it is not interested in settling the patent dispute with Apple. HTC and Apple settled their dispute in an agreement announced this weekend.

Article Link: Samsung Denies Claims of Price Hikes for iOS Device Chip Production

jbrown · 11:28 AM

Have they or haven't they -- the truth will out... With the first price breakdown .
They can hardly lie about this for long if they're fibbing!

MonkeySee.... · Nov 14, 2012, 11:08 AM

Oh, that's good, case closed.

This should be a short thread then.......

iGrip · Nov 14, 2012, 11:08 AM

Apple plays the media like an accordion.

MonkeySee.... · Nov 14, 2012, 11:09 AM

Quote:

Originally Posted by iGrip

Apple plays the media like an accordion.

Ahh yes. This is Apples fault.

*grabs popcorn and a bean bag*

extricated · Nov 14, 2012, 11:11 AM

What happened to fact-checking in journalism?
People are way too eager to be the first ones to get a potential story out.

coder12 · Nov 14, 2012, 11:12 AM

Quote:

Originally Posted by iGrip

Apple plays the media like an accordion.

And the moon landing was just a conspiracy...

STiNG Operation · Nov 14, 2012, 11:13 AM

This day Samsungs hate grew 4 times larger.

fertilized-egg · Nov 14, 2012, 11:13 AM

Quote:

Originally Posted by iGrip

Apple plays the media like an accordion.

A Korean newspaper quoting an Samsung executive is played by Apple?

Plutonius · Nov 14, 2012, 11:13 AM

Quote:

Originally Posted by extricated

What happened to fact-checking in journalism?

Doesn't exist anymore.

BvizioN · Nov 14, 2012, 11:13 AM

Quote:

Originally Posted by iGrip

Apple plays the media like an accordion.

Of course of course. Seems like a trend to blame Apple for everything now days.

LeandrodaFL · Nov 14, 2012, 11:15 AM

I dont get this, wasnt the AX6 Apple's entire creation? They should stop buying from Samsung

mattraehl · Nov 14, 2012, 11:15 AM

Well, "the beginning of the year" is pretty soon, perhaps the 20% corresponds to what Samsung is looking for next year. I assume negotiations are underway.

BvizioN · Nov 14, 2012, 11:16 AM

Quote:

Originally Posted by LeandrodaFL

I dont get this, wasnt the AX6 Apple's entire creation? They should stop buying from Samsung

Yes, but manifactured by Samsung.

gnasher729 · Nov 14, 2012, 11:20 AM

Quote:

Originally Posted by extricated

What happened to fact-checking in journalism?
People are way too eager to be the first ones to get a potential story out.

Once read in a (kind of political) magazine in a retraction of an article: "We printed this article because we had a declaration under oath by X that these facts were true. We are now retracting this article because we have a declaration under oath by Y that these facts are wrong. Since somebody lied under oath, we are handing the matter to the police".

realeric · Nov 14, 2012, 11:21 AM

The original news paper cited by macrumors some days ago, chosun ilbo, a korean newspaper, has no credential like 'The Sun' in UK. They are 'Believe It or Not'.

NinjaHERO · Nov 14, 2012, 11:26 AM

Seriously, these two companies need to hug it out.

Patriot24 · Nov 14, 2012, 11:28 AM

Thus concludes today's lesson on how contracts work. Pretty sure that Apple isn't going to sign a contract with a supplier in which there is a clause that says "we can raise prices whenever we feel like it."

In negotiations? Sure. On a whim against a contract? No.

ijha · Nov 14, 2012, 11:36 AM

Quote:

Originally Posted by realeric

The original news paper cited by macrumors some days ago, chosun ilbo, a korean newspaper, has no credential like 'The Sun' in UK. They are 'Believe It or Not'.

You're spot on. The Chosun Ilbo is almost garbage nowadays.

charlituna · Nov 14, 2012, 11:40 AM

Quote:

Originally Posted by mattraehl

Well, "the beginning of the year" is pretty soon, perhaps the 20% corresponds to what Samsung is looking for next year. I assume negotiations are underway.

I suspect it is more of that ilk. Apple is cutting orders to Samsung to spread the wealth so Samsung is asking for 20% more money for what they are making to make up one of the lost income

Technarchy · Nov 14, 2012, 11:40 AM

Quote:

Originally Posted by Patriot24

Thus concludes today's lesson on how contracts work. Pretty sure that Apple isn't going to sign a contract with a supplier in which there is a clause that says "we can raise prices whenever we feel like it."

In negotiations? Sure. On a whim against a contract? No.

Crazy talk

JAT · Nov 14, 2012, 11:40 AM

Quote:

Originally Posted by gnasher729

Once read in a (kind of political) magazine in a retraction of an article: "We printed this article because we had a declaration under oath by X that these facts were true. We are now retracting this article because we have a declaration under oath by Y that these facts are wrong. Since somebody lied under oath, we are handing the matter to the police".

How does that "oath to the media" go?

Tigger92 · Nov 14, 2012, 11:40 AM

It will be interesting to see if there are as many posts and digressions as there were in the previous article claiming to have the price hike.

This kinda shows that it is best not to get too worked up over rumors....hmmm....I may catch flack for that statement since I am on a Rumors site.

Saladinos · Nov 14, 2012, 11:43 AM

Quote:

Originally Posted by Patriot24

Thus concludes today's lesson on how contracts work. Pretty sure that Apple isn't going to sign a contract with a supplier in which there is a clause that says "we can raise prices whenever we feel like it."

In negotiations? Sure. On a whim against a contract? No.

Exactly. Not only that, but it damages Samsung's reputation as a supplier for others. Companies like their suppliers to be predictable; not to force arbitrary price hikes against certain customers as an emotive response to them enforcing their legal rights.

If I'm buying components from Samsung, how do I know they won't one day consider me too competitive to their business and inflate their wholesale prices? I don't, so I won't buy from them (or will at least limit what I buy from them).

----------

Quote:

Originally Posted by charlituna

I suspect it is more of that ilk. Apple is cutting orders to Samsung to spread the wealth so Samsung is asking for 20% more money for what they are making to make up one of the lost income

Obviously I don't know the terms of the contract, but I'd suspect it isn't based on calendar years.

gnasher729 · Nov 14, 2012, 11:50 AM

Quote:

Originally Posted by JAT

How does that "oath to the media" go?

Anywhere in the world, you can make a statement, and people can decide whether to believe it or not. If you talk to a magazine, they can decide whether to believe you or not. If they believe you and it is interesting, they'll print it. If they don't believe you, they won't print it.

In Germany, you can make any statement and make a declaration under oath that it is true. It is a crime to do that if the statement is actually false. So if you talk to a magazine, and they don't want to print it because they don't believe it, you call a lawyer as a witness, and declare under oath that you are saying the truth. They will now believe you. If it turns out that you lied, you are in trouble.

Nov 14, 2012, 11:08 AM	#2
jbrown macrumors 6502a Join Date: Jul 2002 Location: London	Have they or haven't they -- the truth will out... With the first price breakdown . They can hardly lie about this for long if they're fibbing! Last edited by OllyW; Nov 14, 2012 at 11:28 AM. Reason: clean up
	0

Nov 14, 2012, 11:08 AM	#3
MonkeySee.... macrumors 68040 Join Date: Sep 2010 Location: UK	Oh, that's good, case closed. This should be a short thread then....... __________________ iMac - iPhone - iPad - Apple TV - AirPort Extreme Phil Dunphy: Always keep the rhythm in your feet and a little party in your shoulders.
	7

Nov 14, 2012, 11:08 AM	#4
iGrip In Time-Out Join Date: Jul 2010 Location: The State of Yves. Yes, I love him THAT much.	Planted in the Media? Apple plays the media like an accordion.
	5

Nov 14, 2012, 11:13 AM	#8
STiNG Operation macrumors 6502 Join Date: Aug 2012 Location: The Zoo	This day Samsungs hate grew 4 times larger. __________________ If you want to know what people think of you, pull up your Facebook and judge yourself. Image
	10

Nov 14, 2012, 11:15 AM	#13
mattraehl macrumors 6502 Join Date: Feb 2005	Well, "the beginning of the year" is pretty soon, perhaps the 20% corresponds to what Samsung is looking for next year. I assume negotiations are underway. __________________ 21.5" iMac i5 2.7 Ghz 12 GB RAM iPad 2 32GB WiFi iPhone 4S 16GB
	0

Nov 14, 2012, 11:11 AM	#6
extricated macrumors regular Join Date: Jul 2011	What happened to fact-checking in journalism? People are way too eager to be the first ones to get a potential story out.
	9

Nov 14, 2012, 11:15 AM	#12
LeandrodaFL macrumors 6502a Join Date: Apr 2011	I dont get this, wasnt the AX6 Apple's entire creation? They should stop buying from Samsung
	0

Nov 14, 2012, 11:21 AM	#16
realeric macrumors 6502a Join Date: Jun 2009 Location: United States	The original news paper cited by macrumors some days ago, chosun ilbo, a korean newspaper, has no credential like 'The Sun' in UK. They are 'Believe It or Not'.
	3

Nov 14, 2012, 11:26 AM	#17
NinjaHERO macrumors 6502a Join Date: Aug 2008 Location: U S of A	Seriously, these two companies need to hug it out. __________________ MBP 13", Iphone 4S My book, G.H.O.S.T. Teams and my youtube series, Chronicles Of Zombia
	9

Nov 14, 2012, 11:28 AM	#18
Patriot24 macrumors 65816 Join Date: Dec 2010 Location: Phoenix, AZ	Thus concludes today's lesson on how contracts work. Pretty sure that Apple isn't going to sign a contract with a supplier in which there is a clause that says "we can raise prices whenever we feel like it." In negotiations? Sure. On a whim against a contract? No. __________________ iphone + air + ipad + time capsule + classic + shuffle + tv
	12

Nov 14, 2012, 11:40 AM	#23
Tigger92 macrumors member Join Date: Sep 2009 Location: North Carolina	It will be interesting to see if there are as many posts and digressions as there were in the previous article claiming to have the price hike. This kinda shows that it is best not to get too worked up over rumors....hmmm....I may catch flack for that statement since I am on a Rumors site.
	1

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