Apple Prepays $1.25B to Secure Flash Chips Through 2010

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Date: Tuesday, November 22nd, 2005, 08:25
Category: iPod

Apple today announced that it has reached long-term supply agreements with Hynix, Intel, Micron, Samsung Electronics and Toshiba to secure the supply of NAND flash memory through 2010. As part of these agreements, Apple intends to prepay a total of $1.25 billion for flash memory components during the next three months. (Via Digg)
Prepare for another hissy fit from Creative CEO Sim Wong Hoo and the other Korean manufacturers.


Apple today announced that it has reached long-term supply agreements with Hynix, Intel, Micron, Samsung Electronics and Toshiba to secure the supply of NAND flash memory through 2010. As part of these agreements, Apple intends to prepay a total of $1.25 billion for flash memory components during the next three months. (Via Digg)
Prepare for another hissy fit from Creative CEO Sim Wong Hoo and the other Korean manufacturers.

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