Lee Jae-yong and Tim Cook Meet To Discuss How To Enhance Supply Chain Between Samsung and Apple

Posted Oct 19, 2011

Samsung Electronics COO Lee Jae-yong and Apple CEO Tim Cook met with each other to discuss the long-term parts cooperation between the two companies. The two met this past Monday after Lee attended a memorial service for Steve Jobs. Apple and Samsung are strategic partners and rivals in legal battles at the same time. Jae-yong told reporters that Samsung will continue to sell parts to Apple until 2012. “For the 2013-2014 period, we discussed how best to supply even better parts,” said Jae-yong. Apple is Samsung’s largest semiconductor customer today. [KoreaHerald]