Apple Will Do Big Business with Rival Samsung in 2011

The age of mobile technology has certainly made for interesting bed fellows, the latest of which are Apple and Samsung.

According to a report this week in the Korean Economic Daily, Apple and Samsung are poised to do record business with one another in 2011. With an estimated $7.8 billion worth of Samsung component purchases on tap for Apple, the Cupertino, California-based tech giant will become Samsung’s largest customer in 2011.

Ironically, Apple and Samsung continue to escalate their business relationship even as both companies push intensively competitive consumer electronics devices, particularly smartphones and tablet computers.

This week at the Mobile World Congress in Barcelona, Spain, Samsung was heralding the debut of the Galaxy S II, the latest edition in the popular line of Android handsets. The Galaxy S II has a dual-core processor, runs Google Android 2.3 Gingerbread, and sports an impressive 4.3-inch Super AMOLED Plus touchscreen, in addition to other bells and whistles that could threaten Apple’s iPhone like no other smartphone has to date.

So despite the heightened rivalry between Apple and Samsung, industry analysts believe the two tech juggernauts have no choice but to continue working together for as long as they need each other – which may be considerably longer than either party would likely care to admit.