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Apple(AAPL Quote) said Monday it has locked in supplies of a key component of its iPod music players -- flash memory -- through 2010 through agreements with five major semiconductor producers.
Apple unveiled supply pacts for so-called NAND flash memory with Intel(INTC Quote), Micron(MU Quote), Hynix, Samsung and Toshiba.
Apple intends to prepay a total of $1.25 billion for flash memory components during the next three months, the company said in a morning press release. ...
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