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MoU signed between Micron and Nanya on joint development |
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Mar 03, 2008 at 02:22 PM |
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 Micron Technology and Nanya Technology have confirmed previous reports that the two memory manufacturers were planning a joint venture that could include both a technology and a manufacturing partnership. The two companies have now signed a memorandum of understanding to explore potential partnerships in these areas and expect a definitive agreement to be made in the next few months.
“Partnering with Nanya would be significant to Micron as we continue to drive toward the most cost-effective ways to grow and innovate. Nanya has proven its capabilities to be a leader in manufacturing technology and is strategically located near our growing customer base,” said Mark Durcan (pictured), Micron’s President and Chief Operating Officer.
“We look forward to partnering with Micron, a proven innovative technology leader in the DRAM industry. The partnership with Micron will combine the strengths of both companies, mutually benefit the competitiveness of both companies and bring cost-effective solutions to our customers,” said Dr. Jih Lien, Nanya’s President.
Initially, the two companies would establish a development program for DRAM development and design at the sub-50nm node.
Nanya had been a long-term strategic DRAM partner with Qimonda and Nanya spin-off Inotera Memories. It is not yet known whether that partnership is now defunct or if it will be replaced by another type of agreement.
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