REPORTS FROM ASIA said that Samsung has won a major deal to supply memory to Sony for use in an 8GB player.
I believe Apple offers 2 and 4 Gb and about to launch 1Gb
From: Pam 12/27/2005 5:44:40 AM
of 30696
Seems like a typo about 14% rise in Samsung stock. It should be 1.4% rise!
-Pam
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By INQUIRER staff: Tuesday 27 December 2005, 09:35
REPORTS FROM ASIA said that Samsung has won a major deal to supply memory to Sony for use in an 8GB player.
But that's not the only memory win Samsung's likely to make. According to a Bloomberg report, the Korean chaebol will also make the bulk of the memory models used in the Playstation 3. This uses memory modules using Rambus technology. Playstation Portables use NAND flash.
The news sent shares of Samsung soaring by 14 per cent on the South Korea bourse. Bloomberg estimates that if the Sony report is correct, that will soak up 20 per cent of Samsung's memory production. µ
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SKorea's Samsung Electronics eyes NAND flash chip deal with Sony
12.26.2005, 04:32 AM
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SEOUL (AFX) - Samsung Electronics Co, the world's largest memory chip maker, said it is considering supplying NAND flash chips to Japan's Sony Corp and other global electronics firms.
Samsung Electronics stock surged 1.4 pct to a record high today amid an expected global boom in NAND flash chips, widely used in removable storage and handheld communications devices.
'Samsung Electronics is considering signing contracts to supply NAND flash chips to major companies, including Sony,' the firm said in a statement, adding it has yet to reach concrete deals.
But it did not confirm a news report that Sony had asked Samsung to supply NAND flash chips for its new MP3 players next year.
Samsung said last month it won a long-term contract worth 500 mln usd to supply NAND flash memory chips to Apple, the maker of iPod music players, until 2010.
Global demand is growing for such chips, which are widely used in music players, digital cameras and mobile phones because they can retain data even after power is switched off.
Samsung, which supplies more than half the world's NAND flash chips, is battling Japanese and US rivals in the competitive and fast growing global market.
Intel and Micron agreed last month to launch a joint venture, IM Flash Technologies LLC, mainly to make NAND flash memory chips. Each firm is to invest 1.2 bln usd.
Samsung Electronics surged 9,000 won to close at 654,000 Monday, helping push the benchmark KOSPI to a new closing high of 1,367.57. |
