Apple Will Spend £17.2 Billion On Memory Chips

The top spending company in the semiconductor and memory chips industry is Apple. The iPhone and iPad maker needs the chips for its thriving range of mobile devices, therefore it has tripled investments in these key components over the last four years.

In 2009, Apple spent about $9 billion (£5.72 billion) on semiconductors. This year, the company is expected to raise that figure to $27 billion (£17.17 billion). In 2013, Apple will spend about $29 billion (£18.45 billion) on microprocessors and similar parts according to analysts from IHS iSuppli.

In comparison, the second player in the game, Samsung, has invested 50 per cent less on memory, processors, and other semiconductor products. It is worth noting that Samsung is also the second-biggest manufacturer in the industry.

The South Korean company is expected to increase its spending from $10 billion (£6.4 billion) in 2009 to $18 billion (£11.4 billion) in 2013. Dale Ford, head of IHS iSuppli's electronics and semiconductor research business, pointed out the importance of the two global companies.

"Pretty much everybody has to take pretty conscious account of where Apple and where Samsung will be. In industrial, automotive, and every other sector, their reach, influence, and size has been a significant change," said Ford.