According to analysts, Apple should focus on the growing smartphone markets like China and India.
The South Korean company's new chips would result to smartphones with 384GB of storage capacity.
Samsung lost US$1 billion in market value after the US President Barack Obama vetoed the import ban on Apple's products.
South Korea expressed its concerns regarding the Obama administration’s decision to overrule a sales ban of Apple’s iPhone 4 and iPad 2.
According to research firm Canalys, the shipments for Android-based tablets exceeded the consignments for iPads from Apple Inc in the second quarter.
Obama administration's ruling that overturned the global trade decision against Apple promised to upend the battles on patent.
Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.
Analysts said that Google's Moto X would not be enough to aid it in establishing a stronger presence in the growing smartphone market.
Google's Motorola Mobility launched the Moto X smartphone to revive the business.
Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
Google and IPSOS' research showed that less than half of Chinese urban dwellers had smartphones.
Samsung devices satisfy customers more than the iPhone, according to ACSI.
The new Moto X from Google's Motorola posed a potential threat to the Apple-Samsung duopoly in the smartphone market.
According to a Wall Street Journal report, Apple will be sourcing high resolution screens from competitor Samsung.
According to research, almost 64% of Australians owned a smartphone.
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