Apple has signed-up United Microelectronics Corporation (UMC, NYSE) to create chips for the next-generation iPhone.
The move means the end to the sole supplier status enjoyed by former supplier of these particular components, Taiwan Semiconductor Manufacturing, according to local reports.
Siliconware Precision Industries Co. will provide packaging and testing of the UMC chips contracted for use in the iPhone, the report adds.
UMC stock currently stands at $3.39 on the New York Stock Exchange.
