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Electronics Production | October 17, 2005

Apple to exit Samsung deal

Accirding to IDG Apple was supposed to invest in flash card manufacturing in cooperation with Samsung but Apple is now leaving the project.

Apple was planning to invest some $4 Bn in an extended cooperation with Samsung but since it came out that parts of the Samsung management were pled guilty for echonomical crime, Apple has now left the cooperation. According to sources Apple has now started negotiations with a new partner.
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