To: Proud_Infidel who wrote (32743 ) 10/7/1999 9:44:00 AM From: Proud_Infidel Respond to of 70976
Toshiba, SanDisk to form joint flash-memory venture Semiconductor Business News (10/07/99, 09:21:16 AM EDT) SUNNYVALE, Calif. -- A joint venture between SanDisk Corp. here and Toshiba Corp. will produce 1-gigabit flash memory chips, and is expected to reach sales of $1 billion by 2002, the companies said today. SanDisk and Toshiba will form a new company in January 2000, and will start the business using Toshiba's Yokkaichi fab in Japan. New production capacity is planned at Dominion Semiconductor LLC in Virginia, where the volume production will start in the first half of 2001. The companies said they would also use foundries when more manufacturing capacity is needed. The 50/50 partnership will produce 512-megabit and 1-gigabit flash memory chips and Secure Digital (SD) memory card controllers. Toshiba and SanDisk will separately market and sell their share of the output. The companies plan to employ Toshiba's future 0.16-micron and 0.13-micron NAND flash memory technology and SanDisk's multilevel cell flash technology and controller system integration. Toshiba is looking to accelerate its flash production for growing markets such as digital still cameras, voice recorders, video games and silicon audio players. “We see our collaboration with SanDisk as highly beneficial to each other and to the customers we serve, as we will provide them with market-defining, state-of-the-art flash storage products,” said Yasuo Morimoto, president and CEO of Toshiba Corp.'s Semiconductor Co. in Tokyo. "Toshiba and SanDisk will benefit immensely from combining Toshiba's advanced IC manufacturing technology with SanDisk's system and multilevel cell design technology,” said Eli Harari, president and CEO of SanDisk. "This new capacity will allow SanDisk to significantly increase its flash production output beyond the growth that we can achieve at our current foundries.” The cooperation further strengthens the SD Memory Card co-developed by SanDisk, Toshiba and Matsushita, he added. semibiznews.com