updated 08:20 am EDT, Fri September 9, 2005
iPod nano price
Korean MP3 player makers are miffed by the on the iPod nano. Apple presumably bought the flash memory chips at a 50 percent discount from Samsung, according to today's report. "I can't tell you the discount rate, but it stands to reason that we expand the range of discount rates for a big buyer like Apple," said Samsung Electronics executive Joo Woo-sik. "Samsung didn't mean to do any harm to domestic MP3 manufacturers." Spokesman Kim Dong-hwan for Competitor Reincom said, "we can hardly declare a price war with Apple. We'll counter Apple's challenge by releasing new concept products."