Samsung Electronics, well known for its wide variety of computer peripherals, flat screen televisions, and digital cameras, appears poised to enter the memory card market.

DigiTimes is reporting that Samsung has struck an agreement with memory card maker Transcend to jointly market the cards for the Taiwan market. Samsung’s offerings will be targeted to the high-end market. Further details were not provided.

Neither Samsung or Transcend commented on the report. A formal announcement of the agreement is expected on October 20.

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