Samsung to build chip for iPhone

Samsung Electronics will manufacture the main chip in Apple’s next iPhone model, regaining a customer previously lost to Taiwan Semiconductor Manufacturing Co, people with direct knowledge of the matter said.

Samsung will start making Apple A9 processor chips at its Giheung plant in South Korea, the people said, asking not to be identified because the contract hasn’t been discussed publicly.

Additional orders will go to Samsung’s partner Globalfoundries, according to another person familiar with the arrangement.