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Apple Enters Agreement for 40 Million Gigabytes of Flash Memory in 2006
Friday, March 31st, 2006 at 6:20 PM - by
Apple Computer has agreed to buy some 40 million gigabytes (GB) of NAND flash memory from Hynix Semiconductor, Inc. in 2006. Bloomberg reported Friday that Apple had entered into an agreement with Hynix that will cover some 20% of the company's NAND flash memory production until the year 2010, indicating that Apple intends to remain in the digital media device market for some time to come.
The agreement was reached in December, and Bloomberg reported that undisclosed aspects of the deal are a mix of binding and non-binding agreements.
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