Samsung and Apple part ways

October 17, 2005

According to TMCnet, Samsung Electronics Co.'s talks with Apple Computer Inc. on a possible joint investment to produce NAND flash memory chips have broken down, Samsung said Monday.  The Korea Times newspaper reported Monday that a potential 4 trillion won ($3.8 billion) joint investment deal collapsed because Apple decided to pull out after hearing that South Korea's Fair Trade Commission could investigate Samsung over its supply NAND flash memory chips to Apple. Samsung is supplying the chips, used in MP3 players and digital cameras, including the new, pencil-thin iPod Nano music player.

So Apple, with this breakup, and with users underwhelmed with the current crop of iTunes phones, does this mean you plan on producing your own Apple iTunes phone anytime soon? C'mon, Apple, you know you want to!cool



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