Samsung Forced To Release New Chips Early After Apple Rumor Causes Stock Plummet
Samsung has reportedly launched its next generation of 20-nanometer mobile memory chips early in a bid to repair the damage caused by a throwaway rumor from DigiTimes that claimed Apple was gearing up to shun Samsung’s DRAM chips in favor of those from Elpida Memory.
Samsung’s share price plummeted by 6% shortly after the rumor began to circulate, costing the Korean company around $10 billion in market value.
