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Apple to Sign Memory Deal With Samsung

Tuesday, November 15th, 2005 at 8:10 AM - by Staff

Apple and Samsung are expected to reach a long-term deal for supplies of NAND Flash memory by the end of November, according to Forbes. The deal, which will be worth several hundred million dollars, will help secure a source for iPod memory chips.

Apple is still negotiating a deal with Hynix for additional chips, and is also hoping to land a deal with Toshiba, as well.

NAND Flash memory chips are currently in short supply, pushing Apple into its aggressive stance towards securing more chips. Without strong supply deals in place, Apple is likely to have serious problems producing enough iPods to keep us with consumer demand.

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