Dell, Samsung Electronics Enter $16 Billion Alliance Agreement

Dell and Samsung Electronics Co. Ltd. have entered into a strategic, multibillion dollar technology and research-and-development agreement.

Terms of the $16 billion dollar global agreement call for Samsung to ensure supply of memory components, liquid-crystal displays (LCD), monitors and optical disk drives to Dell for use in the manufacture of its line of computer system products. The companies also have agreed to collaborate on research and development efforts.

In October 1999, Dell expanded its strategic relationship with Samsung to ensure a long-term supply of LCD panels used in notebook computers and flat-panel monitors.

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