by CIO Staff

Apple and Samsung Flash Memory Chips are Down

News
Oct 17, 20051 min
Data Center

Talks between Apple and Samsung Electronics to jointly produce NAND flash memory chips have broken down in the preliminary stages. The BBC reports that the $3.8 billion deal fell through after reports of an inquiry into the terms under which Samsung supplies NAND chips for Apple’s iPod Nano. With the indictment of price-fixing on a massive scale where Samsung agreed to plead guilty and pay a fine of $300 million, nobody would comment on the reason that talks didn’t develop. Read more.

By Paul L. Kerstein