Apple Balks At Samsung Memory JV

from the your-reputation-precedes-you dept

Samsung’s troubles continue to mount, as Apple has pulled out of talks to set up a joint venture to make a flash-memory fab with the company, reportedly being scared off by the regulatory issues and political scandals swirling around the South Korean giant. At the heart of the matter was the potential investigation of Samsung for selling cheap flash to Apple for the iPod nano, a move Korean MP3 player manufacturers said was hurting their businesses. So now, it looks like Apple will get its cheap memory from someplace outside Korea, and its iPod prices will still stay low — the same end result, with however many billions of dollars going somewhere other than Korea.

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