Printed from http://www.electronista.com

Intel, Micron expand joint venture for NAND memory

updated 04:30 pm EST, Tue February 28, 2012

Intel offloads plants, Micron to supply Intel NAND

Intel and Micron have enhanced their flash-memory chip joint venture. Intel has agreed to sell to Micron its holdings in two memory wafer production facilities for $600 million. In return, Micron will become Intel's supplier of NAND memory chips.

The expansion is a progression of a relationship that the two companies have had over several years. In December, they jointly announced the development of a 128GB NAND flash chip based on 20nm production technology. The chip, to be commercially available in the first half of this year, could be used in solid-state drives, smartphones and tablets. Intel and Micron are currently shipping a 64GB version of the flash memory.

The two companies expect to close the expanded joint venture deal in the second quarter of this year. Micron, in addition to selling memory to OEMs, also sells memory products to end consumers under the Crucial and Lexar brands. [via The Wall Street Journal (subscription required)]



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News