11 Billion: What Apple Will Spend On Samsung Parts In 2012

We had spotted some interesting Apple supplier stats before. We spotted this today:

"Apple may be attempting to reduce its reliance on Samsung components, but its bill from the Korean firm is likely to be the largest to-date according to one exec: up from $7.8bn in 2011 to as much as $11bn by the end of 2012. “The amount of the current contract is around $9.7 billion” a Samsung executive told The Korea Times on understanding of confidentiality, but “is expected to rise to $11 billion by the end of this year as Apple is planning to release a smaller iPad, probably with a 7.85-inch screen, and to sell more of its MacBook Air PCs using Samsung’s faster solid state drive storage.”

Statistics Source: SlashGear