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Doctor Feelgood
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PostPosted: Wed, 23 Nov 2005 21:51:30    Post Subject: Micron And Intel Create New Company Reply with quote

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Micron And Intel Create New Company To Manufacture NAND Flash Memory

BOISE, Idaho, and SANTA CLARA, Calif., Nov. 21, 2005 – Micron Technology, Inc., and Intel Corporation today announced they have agreed to form a new company to manufacture NAND flash memory for use in consumer electronics, removable storage and handheld communications devices. The new company will exclusively manufacture product for Micron and Intel. Formation of the company is subject to customary closing conditions and is expected to be finalized around the end of the year.

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