Apple accused of manipulating NAND price

Posted on Monday, November 30 2009 @ 19:09 CET by Thomas De Maesschalck
EE Times writes sources at chip makers accuse Apple of NAND flash memory price manipulation. The anonymous sources claim Apple is creating oversupply in the market by placing large orders for NAND flash memory and then buying less memory than ordered.
Consumer electronics giant Apple Inc. is being accused of using its commanding purchasing position to manipulate NAND flash memory prices, according to a Korea Times article.

The article attributes the accusation to "chipmakers" but cites "industry sources" who are apparently frustrated that Apple is placing large orders for NAND flash memory and then buying less memory, thereby causing an oversupply in the market which suppresses prices.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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