Apple has big plans for flash memory products, or so it appears.

A report on Bloomberg claims the company has agreed to buy: "At least 20 per cent of Hynix Semiconductor's flash memory chips until 2010."

At present Apple fields flash memory in just two products: the iPod shuffle and iPod nano. But now the company has agreed to purchase 40 million gigabytes of flash memory chips from Hynix this year, in quarterly amounts. That's the equivalent of ten million 4GB iPod nanos per year - from one memory manufacturer.

Apple also agreed to increase orders by at least 180 per cent a year until the end of the decade, the report explains.

Elements of the agreement are legally binding.