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Korea's Samsung to supply mobile chips to Nokia
Posted: 16-Aug-2001 [Source: Reuters]

[Samsung looking to produce higher-performing 128 Mb DRAM chips as manufacturers shift to 2.5 and 3G handsets.]

by Nam In-soo, Seoul -- "Korea's Samsung Electronics , the world's largest computer memory chipmaker, said on Thursday it agreed to exclusively supply DRAM chips used in mobile phones to Nokia, the world's top handset maker.

"Analysts said dynamic random access memory or DRAM chips have just begun to be used in mobile phones, but their use would grow rapidly in response to the spread of advanced handsets.

"Nokia (NYSE:NOK - news) asked us to make DRAM chips suitable for its advanced mobile phones and we struck a deal," said James Chung, a spokesman for Samsung Electronics.

"He did not reveal how much the deal was worth.

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