Samsung to Apple: Our chips will cost you 20% more

 Samsung has hiked the price of its chips, but seemingly to only one customer, Apple, its archrival in the smartphone and tablet space, MarketWatch reports.

Samsung has hiked the price of its mobile processors by 20 percent, but to only one of the Korean technology giant's customers: Apple.

The report comes from The Wall Street Journal's MarketWatch, citing a person familiar with the negotiations between the two smartphone and tablet makers.

According to the report, Samsung requested an increase in the price of the mobile "application" processor supplied to Apple, which the Cupertino, Calif.-based technology giant was forced to swallow as only Samsung provides the specific hardware required to make the shiny rectangles of various sizes work properly.

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