Intel Corp (INTC)

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We all like this news if true. Officially Samsung has not announced the product.
If Samsung is willing to use Intel app processor, then every one else definitely will use it. The concern I have is what happens to Samsung foundry business going forward. It will crumble when eventually Intel is in smart phones. That day is not far away.
Samsung is loosing Apple business and now its own chip business, it will become extremely hard to keep on pouring big $ in foundry business. Not that I care if Samsung gets out of foundry business. It is very good for Intel in long run.
I also know Samsung makes a ton of every thing else-TVs, PCs, washing machines, dryers, refrigerators, air conditioners and heavy equipment like CAT. Smart phones/tablets may be very small part of its chip business.
But it has no choice if Intel processors are far betters than every one else.