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Memory/Storage??

Apple to buy 20% of Hynix NAND through 2010

Posted: 06 Apr 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Apple Computer? Hynix? NAND flash memory?

Apple Computer has agreed to buy at least 20 percent of South Korean chip maker Hynix Semiconductor's NAND flash memory semiconductors until 2010 in order to flash for its iPod music player, according to a Bloomberg report, which cited Hynix's annual report as its source.

Last November, Apple agreed to prepay $1.25 billion through February for flash chips in order to secure production capacity for non-volatile memory supply through 2010.

According to the report, Apple agreed last December to buy 40 million gigabytes of NAND flash from Hynix in 2006. Apple agreed to increase orders by at least 180 percent a year until the end of the decade.

EE Times




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