Apple's iPhone plans could hit the flash memory market, as a report predicts the launch of a second-generation model has been delayed from spring to late summer.

A report explains the original road-map posited a March/April release of a new model iPhone, now expected to include support for 3G networks as a faster and more efficient means of accessing the internet in the absence of a WiFi connection.

EETimes claims the purported delay seems set to dampen flash memory prices, citing Samsung - a company currently facing deep investigations by South Korean corruption investigators - as saying it expects flash memory prices to "hold and improve into CY08".

"Our recent checks suggest that, due to a pushout in the introduction of such 'killer applications' as the second-generation iPhone from the March/April time frame to mid to late summer, demand for NAND flash memory in 1H08 could weaken more than expected,' Mehdi Hosseini, an analyst with Friedman Billings Ramsey & Co. said, according to the report.

This report also confirms Apple to be working on new iPods for 2008, and explains the company is "projected to show new and less expensive products in 2008".

It's not clear if the cancellation of a senior level meeting between Samsung and Apple CEO Steve Jobs will have any material impact on Apple's product launch plans in the coming months.