Report: Korea trade group eyeing Samsung/Apple flash deal

October 11, 2005 – Samsung Electronics may face scrutiny from South Korea’s Fair Trade Commission (FTC) for an alleged sweetheart deal to supply NAND flash memory to Apple Computer for its iPod nano, according to the Korea Times, citing comments from FTC chairman Kang Chul-kyu during a radio program. The Korea Portable Audio Consortium, an umbrella group representing local manufacturers of MP3 players, and local parliamentary debaters claim Samsung sold memory chips to Apple at a 10%-50% discount from market prices.


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