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Technology Stocks : WDC/Sandisk Corporation
WDC 215.00+0.5%Jan 14 3:59 PM EST

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To: slacker711 who wrote (28282)5/26/2005 10:31:44 AM
From: slacker711  Read Replies (2) of 60323
 
SanDisk 2 GB Memory Stick PRO Gaming Card Uses Memory Controller Supplied by Tower Semiconductor
Thursday May 26, 6:30 am ET

biz.yahoo.com

MIGDAL HAEMEK, Israel--(BUSINESS WIRE)--May 26, 2005--Tower Semiconductor Ltd. (NASDAQ: TSEM; TASE: TSEM), a pure-play independent specialty foundry, announced today that SanDisk® Corporation (NASDAQ: SNDK - News) has selected the company to provide the memory controller on its recently introduced 2GB Memory Stick PRO Duo® Game Card, a high-capacity flash memory card for Sony's PlayStation® Portable (PSP®). The SanDisk memory controller is being manufactured in Tower's Fab 2 facility.
SanDisk and Tower have been closely cooperating on designs that are targeted for multiple flash storage formats with unique solutions to enable superior performance.

"Sony is experiencing heavy demand for its PSP, which shows consumers' increasing interest in multi-functional devices that require lots of data storage capacity for storing music and video files," said Christina Day, SanDisk product marketing manager for the gaming card line. "Our 2GB flash Memory Stick PRO Duo card is our response to this need, and we are glad to have Tower as a reliable, high-quality manufacturing partner to supply the market with these high capacity cards."

"SanDisk has been manufacturing its advanced memory card controllers at Tower since 2003. In addition to the new Memory Stick PRO Duo Game Card, Tower is in high-volume manufacturing of various other memory controllers used in a broad range of Flash cards. Tower's offering of advanced IP, optimized to its enhanced manufacturing processes, enables our customers to set new performance records for their designs" said Doron Simon, president of Tower Semiconductor USA. "We are proud to support SanDisk's cutting-edge products."

About Tower Semiconductor Ltd.
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