Dell, Samsung Electronics Enter $16 Billion Alliance Agreement

AUSTIN, Texas, March 22 -- Dell and Samsung Electronics Co. announced that they 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, 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 focused on providing Dell customers with products at competitive prices.