“Apple Computer Inc., the world’s largest maker of portable music players, agreed to buy at least 20 percent of Hynix Semiconductor Inc.’s NAND flash memory chips until 2010, according to the South Korean chipmaker,” Bloomberg reports. “Apple, which uses NAND as the main component for its iPod Nano music players, agreed in December to buy 40 million gigabytes of the chips this year from Hynix, according to the Ichon-based company’s annual report submitted to regulators today. Apple said it would increase orders by at least 180 percent a year until the end of the decade, according to the document.”
“Every quarter, Cupertino, California-based Apple will match orders to Hynix from the preceding three-month period or buy at least 20 percent of the company’s NAND production, whichever is larger, according to the document,” Bloomberg reports. “The chips will be sold at a price that won’t exceed what was specified in the December agreement, Hynix said, without specifying the amount.”
Full article here.
MacDailyNews Take: Are these all for iPods or will some of these NAND chips find their way into future MacBooks and/or other future Apple devices? In November, Intel Corp., the world’s largest semiconductor maker, and Micron Technology Inc. said they had agreed to form a joint venture, IM Flash Technologies LLC, to produce NAND flash memory chips. At the same time, the joint Intel-Micron venture announced that they had secured a $500-million deal to supply chips to Apple, which announced it plans to pre-pay a total of $1.25 billion for flash memory components during the next three months.
• Apple’s brand new iPod Hi-Fi speaker system. Home stereo. Reinvented. Available now for $349 with free shipping.
• Apple’s new Mac mini. Intel Core, up to 4 times faster. Starting at just $599. Free shipping.
• MacBook Pro. The first Mac notebook built upon Intel Core Duo with iLife ’06, Front Row and built-in iSight. Starting at $1999. Free shipping.
• iMac. Twice as amazing — Intel Core Duo, iLife ’06, Front Row media experience, Apple Remote, built-in iSight. Starting at $1299. Free shipping.
• iPod Radio Remote. Listen to FM radio on your iPod and control everything with a convenient wired remote. Just $49.
• iPod. 15,000 songs. 25,000 photos. 150 hours of video. The new iPod. 30GB and 60GB models start at just $299. Free shipping.
• Connect iPod to your television set with the iPod AV Cable. Just $19.
Intel demos NAND flash memory laptops – March 08, 2006
Apple announces over 30 million iPods sold, reaches long-term supply agreements for flash memory – November 21, 2005