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Dongbu HiTek starts NOR flash production to fill Spansion void
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Dongbu HiTek’s Semiconductor Division has started production of 90nm 128Mb NOR flash memory. The company claimed that it has reduced the required logic circuits by almost half, making the device is as much as 30% smaller than current NOR Flash devices offering the same density. The product was jointly developed with Eon Silicon Solution. Dongbu HiTek said that it was attempting to fill the void in NOR flash production left by Spansion as it has cut production during its bankruptcy restructuring efforts.
Spansion posted net sales for the first quarter of 2009 of US$401 million. Net loss in the first quarter was US$112 million compared to a net loss of US$120 million in the first quarter of 2008.
Dongbu HiTek company expects to collaborate further with Taiwan based Eon Silicon Solutions to develop other NOR Flash memory products.