News

Apple Scores Flash Memory Deal

Monday, November 21st, 2005 at 10:10 AM - by Staff

Apple has landed a deal with several NAND Flash memory manufacturers, according to Bloomberg. Apple prepaid US$1.25 billion to a group of Flash memory makers including Intel Corp., Micron Technology, Hynix, Samsung, and Toshiba. The three month deal secures memory chips Apple needs to manufacture iPods.

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Bosco said:

member since 03 Jun 2002 with 1001 posts, unranked, send him a message or view his profile

Mon Nov 21, 2005 2:11 pm

Geez. No wonder I can't get flash memory chips at the local Fry's. I swear, it's like trying to buy gasoline the day after a hurricane! This hoarding will only drive the price up so high that only the super rich can afford flash memory. I am going to write my Congressman and ask that they call in all the flash memory executives and ask them to justify the obvious price gouging that is bound to accompany the shortage. This just makes me sick.

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otaojones said:

member since 07 Aug 2001 with 158 posts, unranked, send him a message or view his profile

Thu Nov 24, 2005 11:31 am

i heard a buzz that this may also be a lead up to systems that hold the OS in flash memory to make "instant on" computers i certainly would not mind loosing a few gigs from my hard drive. whooo weee!!!!

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