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To: Greg h2o who wrote (11345)5/22/2000 3:39:00 PM
From: Rich Miani  Read Replies (1) | Respond to of 60323
 
thread fyi, flash in the news ...

Intel to Ship One Billion Flash Memory Chips by 2002

SANTA CLARA, Calif. (Reuters) - Intel Corp. (NasdaqNM:INTC - news) said on Monday it had sold its one billionth flash memory chip since it
introduced the first one in 1988 and expected to sell a billion more of the chips, used in cellphones and handheld devices, over the next two years.

The world's largest computer chip maker planned to increase its manufacturing of the chips amid a booming market for flash memory used in
wireless devices, Intel executives said at a press conference at the company's Santa Clara, Calif., headquarters.

Flash memory chips are used in cellular phones, digital cameras, handheld devices like the PalmPilot, and MP3 music players, where they preserve
digital information when a device is turned off.

``One billion units is a lot of anything in this industry,'' said Ron Smith, vice president and general manager of Intel's wireless communications and
computing group, in a statement. ''Mobile phones are the predominant demand driver for flash today, but people will find flash in unusual places
like heart monitors, video arcade games, anti-lock braking systems -- even bird callers and fish finders.''

In its annual review and forecast, the Semiconductor Industry Association reported that flash memory was the
fastest growing sector of the world semiconductor industry in 1999.

Smith noted that Intel was investing billions of dollars in expanding its manufacturing capacity and as it transitions to the new 0.18 micron manufacturing technology, from 0.25 currently. The newer technology lets the chip maker produce more chips from each silicon wafer.

Intel said that by the end of 2000, it will be producing flash memory using 0.18 micron process technology in existing facilities in Oregon and New
Mexico, and at a dedicated flash plant in Colorado.

Intel said it plans to produce four times as many flash megabytes in 2001 as in 1999.