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.
Packing extra charges for those long travels
November 24, 2014
With less than a day to go on crowdsourcing website IndieGogo, the Bluesmart carry-on suitcase certainly got some attention ...
GalaxyCore develops 'through-silicon' image sensor
Intel, Sheldon Cooper promote 3D camera technology
NXP acquires Quintic's Wearable and BTLE IC business
BMW and Tesla look at car battery alliance
Interview R&S: Communications become mission-critical
November 24, 2014
Driven by new application fields in the Internet of Things (IoT) and machine-to-machine (M2M) context, communications technologies ...
The engineering desk-to-bench ratio
Rohm's European Design Center in growth phase
Combo inertial sensor market on 19% CAGR, says Yole.
- Halogen-free options and increased performance for terminal blocks
- Wireless Power User Guide
- Secure is the New Smart
- 5 Best Practices for Designing Flexible Test Stations
InterviewInterview R&S: Communications become mission-critical
Driven by new application fields in the Internet of Things (IoT) and machine-to-machine (M2M) context, communications technologies are undergoing massive changes. This goes along with enormous challenges ...
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, Cherry is giving away five of its Energy Harvesting Evaluation kits, worth over 266 Euros each, for EETimes Europe's readers to win. Cherry's energy harvesting technology benefit mostly applications where a complex wire assembly and/or batteries would be inappropriate.
The required RF-energy is created by the mechanical actuation of the switch and the data is transmitted...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.
Most popular news
- Could magnesium battery innovation end lithium's dominance?
- From warm to cool white: colour-temperature tunable LEDs
- Li-Fi communication module wirelessly transfers data at 1-Gbps
- Supercapacitor innovation promises panel-powered cars in five years
- Rebranding the revolution: the future of IoT is embedded