mordant wit

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November 22, 2005

Apple lands iPod memory deals
Music player giant says it has inked contracts with Hynix, Intel, Micron, Samsung Electronics, and Toshiba to lock up flash memory chips through 2010. Apple Computer said today it was willing to pony up $1.25 billion in advance to make sure it gets the flash memory chips it needs for its line of iPod music players, staving off an expected surge in market demand for the chips. The iPod maker will make the payments over the next three months to secure steady NAND flash memory chip production through 2010 from Hynix Semiconductor Inc., Intel Corp., Micron Technology Inc., Samsung Electronics Co. Ltd., and Toshiba Corp. 'We want to be able to produce as many of our wildly popular iPods as the market demands,' Apple CEO Steve Jobs said in a statement. # posted by masquerader @ 10:50 ::

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a wanderer,
a searcher,
in a quest
for inner peace