NLST CC: Samsung 5 year Co-op on DIMM SSS..............................................
3D interposer SoC will upset the applecart. Soon.
Chuck Hong
Thanks, Mike, and good afternoon, everyone. It’s been a great start to the year, as we focused on execution of the company's three target initiatives. One, commercialization of HyperVault technology, two, monetization of our IP portfolio, and three, the ramp of product revenues. I'll cover the first two items and then hand it over to Brian to cover the third initiative.
Let me begin by noting the tangible progress we have made towards bringing the HyperVault technology to market. The first quarter financial results reflect completion of milestones during the quarter, allowing us to recognize $3.4 million of the $8 million in NRE from the joint development agreement with Samsung. Netlist and Samsung have committed to a five-year collaboration to develop and commercialize this technology. The initial phase is on track to be completed by the end of the second quarter, culminating in a private demonstration for Samsung only of the industry's first unified memory-storage product.
The architecture of HyperVault allows terabytes of SSD storage to operate side-by-side with DRAM memory in the memory channel. CPU will no longer have to make the slow long track down to the southbridge or to the PCIe channel to fetch and write large chunks of data. Everything can be done much faster, if most of your data, both in memory and storage, can be processed from one location. |
