Apple Abandons Samsung Chip Deal
Apple Abandons Samsung Chip Deal
by , 8:20 AM EDT, October 17th, 2005
Apple and Samsung are no longer pursuing a potential deal where Samsung would produce memory chips for the iPod, according to a Reuters report in the Washington Post on Monday. Negotiations for the joint investment plan, worth US$3.8 billion, fizzled out in part due to growing resentment towards Samsung by South Korean politicians and civic groups, but an investigation into the possibility of Samsung selling chips to Apple at below market prices may have played a role as well.
A representative from Samsung stated that the joint investment talks ended at an early stage, siting a difference over terms. Although Samsung is the world's largest producer of NAND flash memory chips used in iPods and other MP3 players, the negotiations breakdown with Apple must hurt.
This isn't the first egg in the face incident for Samsung. Earlier this month, Samsung plead guilty to price fixing charges.
Apple had previously planned on purchasing 40 percent of Samsung's NAND memory chips for the second half of 2005 for use in the iPod nano and iPod shuffle. It is negotiating an investment deal with a U.S. chip manufacturer now, and hopefully will have a deal in place shortly since components for building the iPod nano are already in short supply.
Observer Comments
Comments are currently closed. Please email the author instead.
Recent Headlines - Updated February 12th
- Sat, 4:11 PM
- MacOS KenDensed - MacOS KenDensed: iPad 3 Frenzy, Big-time Apple & Steve Jobs, G-Man
- Fri, 8:10 PM
- News - Apple Sues Motorola Mobility in California Over German Case
- 7:54 PM
- Free on iTunes - OnLive Desktop: Windows & Office on Your iPad
- 7:43 PM
- Product News - Apple Rolls Out MacBook Air Configurations for Education
- 6:35 PM
- Just a Peek - Battle Pocket Bulge With The Hint for iPhone
- 6:01 PM
- Rumor - Apple Reportedly Bringing MacBook Air Styling to Pro Line
- 4:50 PM
- Particle Debris - The Hidden Gotchas of Browser Security
- 3:56 PM
- Apple Stock Watch - Analyst: Paying a Dividend Makes Sense for Apple
- 2:58 PM
- Deal Brothers - iMac 27-inch 2.93GHz Intel Quad-Core i7 processor: $1,999
- 2:45 PM
- In-Depth Review - Theodolite App for iOS is Breathtaking
- 12:52 PM
- Apple Stock Watch - Mizuho Securities Starts Apple Coverage with $635 Target
- 11:35 AM
- Hot Forum Topic - Forum Poll: Are You Planning on Buying a New iPad?
The Mac Observer Reader Specials
TypeStyler 11 is now in the Mac App Store!! -- Special Introductory Price of $59.95!! -- To Buy From The Mac App Store Click Here Now!! Or buy direct
from Strider Software.
Mac RAM Upgrades: MacBook Pro 16GB kits $475, 8GB Kits for $119.99! iMac 16GB RAM Kits (4x 4GB) for $229.99! Mac Pro Memory 32GB Kit for $399.99, 64GB Kit for $889.99! Mac Hard Drives 2TB Seagate SATA II for $249.99! Click Here!
-
If you're using a Mac, then you've gotta check out Online Poker Mac.
This mac poker and online casino mac site
actually does the unthinkable, it actually rewards! -
-
-
-
-
-
