Apple secures flash memory supplies till 2010 (and leaves no doubt as to who 0wnz the market now)
Apple secures flash memory supplies till 2010 (and leaves no doubt as to who 0wnz the market now): “Apple on Monday 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.” Apple will prepay its suppliers $1.5Bn in the next months. How do you pronounce check-mate?
We’ve also got the news of a new NAND flash memory maker, IM Flash Technologies LLC, the product of collaboration between Intel and Micron: “Each company will contribute about $1.2 billion in cash, notes and other assets to form the company. [...] Intel and Micron also plan to pay an additional $1.4 billion each into the company over the next three years.” Reuters has more on that one.
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