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.
Are you worth insuring? Wearables to decide
January 30, 2015
At Cicor's first Innovation Insights Symposium held in Zurich end of January, the focus was very much on smart wearables ...
Security flaw in BMW's ConnectedDrive detected
Quantum entanglement now on-a-chip
Single crystal perovskites promise cheaper solar cells and LEDs
Wafer-scale perovskite solar cells on the horizon
Spread Spectrum Frequency Modulation Reduces Automotive LED Driver EMI
January 30, 2015
The large number of electronics in an automobile must have reasonably low electromagnetic interference (EMI) in order to ...
Privately-owned car not on the red list, study says
Private equity buys Canadian MEMS foundry
Tronics launches IPO
- Accelerate SDN and NFV with Off-the-Shelf Software
- Sensing Elements for Current Measurements
- Investigating Die attach Failure in IGBTs using Power Cycling Tests
- Power Semiconductor Failure Diagnosis using Thermal Characterization and Power Cycling
InterviewCEO interview: Bosch's IoT startup is all about the system
Thorsten Mueller, CEO of Bosch Connected Devices and Solutions GmbH (Reutlingen, Germany), has been guiding the latest startup subsidiary of Robert Bosch GmbH since 2013 when he started the initiative ...
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
To ensure you have a good start in 2015, Freescale is giving away five of its QorIQ TWR-LS1021A Tower system modules, worth USD269 each, for EETimes Europe's readers to win.
The module is the most feature-rich and high-performance Tower system offered by Freescale, enabling compatibility and interoperability with the growing list of Tower expansion modules, offering an easily accessible...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.