Kim Ki-nam, president of Samsung's semiconductor business and head of System LSI business, told reporters that once the company begins to supply Apple with chips using its latest technology, profits "will improve positively".
The A8 processor in the iPhone 6 and iPhone 6 Plus is made using a 20-nm process. Samsung is said to be producing around 30% of supply, while TSMC is making 70%.
Sources tell ZDNet that Samsung's contract to produce the A9 chip is already in place, despite recent moves by Apple to distance itself from the company.
Chips made using the Samsung's 14-nm FinFet process reportedly use 35% less electricity, have 20% more processing power, and use 15% less space than 20-nm chips.
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