Apple plunks $100M into Samsung
In a move to ensure its supply of TFT displays for the iBook and other products, Apple Computer will invest $100 million in Samsung Semiconductor.
"With our new iBook and fast selling PowerBooks, Apple will need more flat displays than ever going forward," Steve Jobs, Apple's interim CEO, said in a statement.
Apple introduced its much-anticipated iBook notebook computer at the MacWorld Expo last week, featuring a 12.1" active matrix screen.
Samsung Semiconductor Inc. is a wholly-owned subsidiary of Korean-based Samsung Electronics Co. Ltd.
The full story is posted at www.zdnn.com .
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