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Apple drops Samsung joint investment plan
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Old 17th October 2005, 04:31   #1
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Default Apple drops Samsung joint investment plan

Apple had proposed about 4 trillion won joint investment with Samsung Electronics in the production lines of NAND flash chips used for its MP3 players," a senior Samsung official was quoted Saturday by the Korea Economic Daily as saying.

"But as the anti-Samsung sentiment has recently deepened among some political and civic groups, Apple ended the talks, complaining about the sentiment," the unnamed official was cited as saying.

Apple was currently in talks with another memory chip maker for joint flash chip output in the United States, he added.

Samsung's and Apple's officials in Seoul could not be reached immediately for comment.

http://news.com.com/Apple+drops+Sams...l?tag=nefd.top
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