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Last Updated: Monday, 17 October 2005, 10:35 GMT 11:35 UK
Samsung-Apple chip talks collapse
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The firm is the world's biggest producer of DRAM and NAND chips
Talks between Samsung Electronics and Apple Computer over a possible joint investment to produce NAND flash memory chips have broken down.

"Talks didn't proceed beyond the preliminary stages," Sungin Cho, a Samsung spokeswoman told AP.

"We're not commenting on the reason that talks didn't develop."

Reports said the $3.8bn (2.1bn) deal collapsed after news of an inquiry into the terms under which Samsung supplies NAND chips for Apple's iPod Nano.

Anti-trust fine

Reports in South Korea have said that Samsung is selling the chips to Apple at half their market value, something Samsung executives deny.

Earlier in October, Samsung agreed to plead guilty to involvement in price fixing in the US and to pay a $300m fine.

This is the second largest criminal anti-trust penalty in US history, and the largest for five years.

The Korean firm is the world's biggest producer of DRAM and NAND chips.

It is also the second-biggest semiconductor maker after Intel, and one of the largest makers of liquid crystal displays along with LG Philips.




FROM OTHER NEWS SITES:
Galveston County Daily NewsTalks on Big Samsung-Apple Deal Break Down - 9 hrs ago
National PostSamsung's talks with Apple on memory chip production break down - 18 hrs ago
Xinhua News Agency Samsung-Apple chip talks break down - 25 hrs ago
Brainerd Daily Dispatch Talks on big Samsung-Apple deal break down - 31 hrs ago
KSL-TVTalks on Big Samsung-Apple Deal Break Down - 33 hrs ago
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SEE ALSO:
Samsung in price fixing admission
13 Oct 05 |  Business
Samsung plans biggest chip plant
29 Sep 05 |  Business
Samsung hit by lower chip prices
15 Jul 05 |  Business
Samsung to boost chip production
06 Dec 04 |  Business


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