Samsung Electronics of South Korea will be the main supplier of the processors powering Apple's next iphone, according to a report by Maeil Business Newspaper. The Korean newspapper said that Samsung will be responsible for producing 75% of the chip production for the next iphone. The newspaper did not mention the value of the contract and what other companies will be other companies will be supplying Apple. According to the report, Samsung will make the chips from its factory in Austin, Texas. A Samsung spokeswoman said that the company does not comment on market speculation. Apple could not be immediately reached for comment.