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Samsung Electronics in Chip Talks With Sony

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From Dow Jones/Associated Press

Samsung Electronics Co. confirmed that it was in talks with Sony Corp. to supply NAND flash memory chips.

“We are talking to major companies including Sony to supply our NAND flash chips, but no details have been decided yet,” said Samsung spokeswoman Lee Eun-Hee.

The Korea Economic Daily reported that the chip maker was negotiating with Sony to provide its NAND flash chips on a long-term basis, citing an unnamed executive.

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Sony is seeking to secure NAND flash chips of eight gigabytes or higher, and the order amount is expected to be more than a fifth of Samsung’s total NAND flash output next year, according to the report.

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