http://news.yahoo.com/s/nm/20051121/tc_nm/apple_flash_dc
NEW YORK (Reuters) - Apple Computer Inc. (Nasdaq:AAPL - news) on Monday said it would prepay $1.25 billion to secure its supply of flash memory used in its market-dominating iPod music players amid an expected surge in demand for the chips.
Apple said it would make the payment over the next three months in a series of agreements to lock up flash supply through 2010 with five leading manufacturers: Hynix Semiconductor Inc. (000660.KS), Intel Corp. (Nasdaq:INTC - news), Micron Technology Inc. (NYSE:MU - news), Samsung Electronics Co. Ltd. (005930.KS) and Toshiba Corp. (6502.T).
NEW YORK (Reuters) - Apple Computer Inc. (Nasdaq:AAPL - news) on Monday said it would prepay $1.25 billion to secure its supply of flash memory used in its market-dominating iPod music players amid an expected surge in demand for the chips.
Apple said it would make the payment over the next three months in a series of agreements to lock up flash supply through 2010 with five leading manufacturers: Hynix Semiconductor Inc. (000660.KS), Intel Corp. (Nasdaq:INTC - news), Micron Technology Inc. (NYSE:MU - news), Samsung Electronics Co. Ltd. (005930.KS) and Toshiba Corp. (6502.T).