The details of the acquisition have not been made public, but Forbes estimates the value of the South Korean company to be around $180 billion. Apple has around $150 billion in cash so it is extremely unlikely that the company would deplete its entire stockpile on Samsung. It is still unknown what agreement the two companies reached to satisfy the huge financial ramifications of such a major deal.
Samsung and Apple have continually engaged in patent wars despite working together on some of their products. For years Samsung made the displays that went into iPhones, iPads, and some MacBooks.
Apple was finding it extremely difficult to cut their ties with Samsung, which grew into simply wanting to buy the company out. According to the Wall Street Journal, “Apple, Cupertino, Calif.,has cut back on some purchases. It no longer buys iPhone screens from Samsung and has reduced iPad-screen purchases, suppliers say. And Apple has been buying more flash-memory chips—an essential component for storing data—from other makers, say former Apple executives and officials at another chip supplier.”
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