News
[PSUs]| Monday 20th March 2006 |
Samsung memory moves cast shadow over iPod nano sales
11:42AM, Monday 20th March 2006
There have been weaker-than-expected iPod nano sales this year, resulting in moves by Samsung to dump excess stock of NAND flash into the memory market, reports DigiTimes, citing sources within the memory industry.
The South Korean electronics giant, which is one of the world's leading manufacturers of Flash memory, has apparently been trying to offload excess stock since February.
Flash memory, of course, is a key third-party component for the iPod range, and Apple has been careful to secure its supply.
Apple signed a new deal with Samsung for Flash memory in November 2005 (an agreement that was subsequently investigated by South Korean authorities), and this guaranteed the supply of a memory for iPods until 2010.
In a move to reassure investors that it wasn't putting all its eggs in one basket, Apple also highlighted agreements with other suppliers worth $1.25bn.
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