Talks between Apple and Samsung Electronics to jointly produce NAND flash memory chips have broken down in the preliminary stages. The BBC reports that the $3.8 billion deal fell through after reports of an inquiry into the terms under which Samsung supplies NAND chips for Apple’s iPod Nano. With the indictment of price-fixing on a massive scale where Samsung agreed to plead guilty and pay a fine of $300 million, nobody would comment on the reason that talks didn’t develop. Read more.
By Paul L. Kerstein