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Analyst: SigmaTel to supply chips for Apple MP3 player

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Analyst: SigmaTel to supply chips for Apple MP3 player

SigmaTel stock rose Friday after a Wall Street firm said the semiconductor company will supply chips for a music player from Apple Computer.

Citing “numerous sources in Asia,” Thomas Weisel analyst Jason Pflaum said Apple will use SigmaTel’s controller chips for a player it’s planning to launch this Christmas.

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