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Technology Stocks : Saifun Semiconductor (SFUN) -- Ignore unavailable to you. Want to Upgrade?


To: masa who wrote (7)12/22/2005 5:51:11 AM
From: midastouch017  Respond to of 17
 
Another new company on the CIBC list of recommended stocks is Saifun Semiconductors (Nasdaq: SFUN), which went public two and a half months ago.

haaretz.com

Dubi



To: masa who wrote (7)12/26/2005 2:29:16 AM
From: midastouch017  Respond to of 17
 
Pointing to a recent success, he cited Saifun Semiconductors, which makes flash memory systems used in digital cameras, mobile phones and other consumer electronics. In 1998, Mr. Sela's firm began investing in Saifun in its early stages. Last month, the company was listed on Nasdaq and raised $121 million in its initial public offering.

nytimes.com.

Dubi



To: masa who wrote (7)1/4/2006 6:14:04 AM
From: midastouch017  Respond to of 17
 
SMIC to make memory cards using Saifun NROM technology

The licensing agreement is the second between Chinese foundry Semiconductor Manufacturing International Corporation and Israeli company Saifun.

Globes correspondent 4 Jan 06 12:50

Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (NYSE: SMI; HKSE: 981) (SMIC) is to use Saifun Semiconductors' (Nasdaq:SFUN) NROM technology to develop and manufacture Flash memory cards. The licensing agreement is the second between the two companies. The first was signed in June 2005.
NROM technology enables storage of up to four bit-per-cell, or more than double the storage capacity of a basic memory cell, and has a cell architecture that requires fewer manufacturing steps, thereby reducing manufacturing costs.

SMIC chief operating officer Marco Mora said, "SMIC recognizes the Flash memory card market as an important driver towards our success in the future. Now in our second agreement with Saifun, we are excited to introduce high-density memory cards with Saifun's advanced memory technology. We will soon look into key distribution channels that align with our core strengths. SMIC truly believes with Saifun's leading memory technology and our manufacturing strength, SMIC will be able to bring to market an extremely competitive product." SMIC was founded in 2000. It has four 8-inch wafer fabrication facilities in volume production in Shanghai and Tianjin. In the first quarter of 2005, SMIC commenced commercial production at its 12-inch wafer fabrication facility in Beijing.

Published by Globes [online], Israel business news - www.globes.co.il - on January 4, 2006


globes.co.il

Dubi