ST, Intel complete creation of memory venture
March 31, 2008 //
Intel Corp and ST Microelectronics NV have, as expected, signed the deal that combines the former's NOR flash memory business with the latter's NAND activities to form Numonyx B.V.
LONDON Intel Corp and ST Microelectronics NV have, as expected, signed the deal that combines the former's NOR flash memory business with the latter's NAND activities to form Numonyx B.V.
Announced last year and delayed by a few glitches, Numonyx will start operating immediately as the world's third largest supplier of non volatile memories, quoting figures from a recent In-Stat report, and the leading supplier of such memories to the mobile phones market.
The venture will also be the focus of the two chip makers' efforts in phase change memories.
Combined annual revenue will be approximately $3 billion.
"It is rare when a company starts in such a strong position," said Brian Harrison, chief executive officer of Numonyx. "The complementary nature of the two parent companies' products, technologies and expertise has given us a competitive edge. We start with a comprehensive product line-up of leading technologies; dedicated capacity; already leading PCM development and delivery; a highly experienced management team and an amazing employee base of memory experts. Immediately, Numonyx is a formidable memory solutions provider."
Harrison said Numonyx will move to manufacturing memories using 45-nm processes by the end of the year. He added the venture has both wafer fabrication and assembly and test manufacturing facilities in addition to holding external supply agreements. These facilities include six 200-mm and three 300-mm wafer fabs, including Numonyx owned facilities in Israel, Italy and Singapore.
This, he stressed, will give Numonyx the flexibility to produce any combination of NOR, NAND and RAM wafers depending on customer demand.
Headquartered in Switzerland and incorporated in the Netherlands, Numonyx has approximately 7,000 employees worldwide with facilities in the U.S, Italy, China, Israel, Singapore, Malaysia, and Philippines.
Bank financing for the new venture is being provided by Intesa Sanpaolo S.p.A and Unicredit Banca d'Impresa S.p.A.
Intel will control 45.1 percent of the new company, ST Microelectronics 48.6 percent, and financial group Francisco Partners 6.3 percent.
Design win; IDT meets IKEA
April 24, 2015
Integrated Device Technology, Inc. (IDT) has disclosed that IKEA has chosen IDT’s wireless power transmitters to embed in ...
Eurotech to offload its cloud offering to iNebula
Electric vehicles: Driving range decides
Samsung details its flex display
3D-printing aerogels for energy storage
Gartner lowers 2015 chip market growth forecast
April 23, 2015
A mix of currency shifts, excess inventory and the end a PC upgrade cycle is set to slow growth in the global semiconductor ...
Hexagon, Xylon join forces for smart CT-based quality control systems
PSA, IBM tie Connected Car to the Internet of Things
Disposable sensor patch analyses golfers' swing
- Smart Capacitive Design Tips
- Wireless MCUs and IoT
- Battery Management System Tutorial
- Deciding if Automated Test is right for your Company
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, DecaWave is offering EETimes Europe's readers the chance to win two TREK1000 kits to evaluate its Ultra-Wideband (UWB) indoor location and communication DW1000 chip in different real-time location system topologies.
Worth €947, the kit allow designers to prove a concept within hours and have a prototype ready in days. Based on the two-way ranging scheme, the kit lets you test...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.