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Technology Stocks : The New (Profitable) Ramtron

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From: jimtracker19/13/2007 7:26:00 PM
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Nokia Joins Electronics Companies in Backing Storage Standard

By Rochelle Garner

Sept. 13 (Bloomberg) -- Nokia Oyj, the world's largest mobile-phone maker, joined other electronics companies in backing a faster flash-memory format that would let different devices use the same storage cards.

The proposed universal flash storage standard provides quick data transfers to devices such as mobile phones and cameras without using a lot of power, Espoo, Finland-based Nokia said today in a statement.

``Today, users experience a three-minute access time for a 90-minute high-definition movie,'' Nokia said in the statement. ``With the new standard, this would be reduced to a few seconds.''

Samsung Electronics Co., Sony Ericsson Mobile Communications AB, Micron Technology Inc., Spansion Inc. and Texas Instruments Inc. also endorsed the standard, which was proposed by the JEDEC Solid State Technology Association.

JEDEC promotes open standards in the chip industry, an effort to ensure that products are compatible. The format for universal flash memory is expected to be complete in 2009, Nokia said.

To contact the reporter on this story: Rochelle Garner in San Francisco at rgarner4@bloomberg.net

Last Updated: September 13, 2007 17:59 EDT

bloomberg.com
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