November 22, 2005 in Social Responsibility News

Supply Agreement of NAND Flash Memory

On November 21, 2005 (Pacific time zone), Samsung Electronics reached a long term agreement with Apple Computer under which Samsung Electronics will supply NAND Flash Memory to Apple Computer until 2010.

Under the agreement, Apple Computer will make a pre-payment of USD 1.25 billion to some of the suppliers(USD 0.5 billion for Samsung Electronics) during three months following the contract date.

* Other terms and conditions of the agreement are confidential.


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