Is technology giant mending fences with its competitors after filing lawsuits against them left and right? It appears so based on two news reports that came out on Monday.

First, the Cupertino-based company signed an agreement on Sunday, July 14, with its rival, Samsung, for the South Korean giant to manufacture for its iOS devices A9 chips, reports The Korea Economic Daily. The iPhone 5 uses the A6 chip and Apple had just opted to have the upcoming A8 chips made by Taiwan Semiconductor Manufacturing (TSMC) instead of Samsung as the rivals keep a distance from one another.

However, Gizmondo explained the return to Samsung by Apple to the South Korean tech firm developing state-of-the art 14 nano models ahead of TSMC. Samsung is scheduled to begin the production of the A9 chip in 2015.

The Apple smartphone that would use the A9 chip will continue the "S" nomenclature patter, which indicates the device would be the iPhone 6S, although the Korean daily hinted it could be iPhone 7.

The 14 nano model chips would offer performance improvements and reduction in power consumption, using a central silicon that runs the length of the transistor.

Besides renewing its business ties with arch rival Samsung, Apple is also into holding business meetings with another competitor, Google, which is behind the Android OS that competes with the iOS.

The confirmation of the meetings between Google and Apple came from Google Executive Chairman Eric Schmidt who disclosed the series of discussions between the two technology giant since 2012.

One such meeting held in 2013 was last week's annual Allen and Co media conference attended by Google Chief Business Officer Nikesh Arora, held at Sun Valley, Idaho. Mr Schmidt said Apple and Google had a long list of issues in their constant business discussions.

Like Apple's business ties with Samsung, Google once enjoyed a good relationship with the company co-founded by the late Steve Jobs. Mr Schmidt once sat on Apple's board of directors, but their ties were strained following Apple's launch in 2012 of its own mapping software that resulted in the dumping of Google Maps in iPhones and iPads.

However, the Apple map had a lot of bugs that resulted in users complaining of getting lost. Eventually, Google issued an update of its Maps app for the latest iPhone, which is an indicator of improved business ties confirmed by Mr Schmidt on Monday.