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A memory giant is born

14 May 2008 News

Numonyx, the joint venture between STMicroelectronics, Intel and Francisco Partners, officially became a new semiconductor company recently, focusing on delivering innovative memory solutions using combinations of leading NOR, NAND and RAM memory technologies as well as new phase change memory (PCM). The new company starts as the leading dedicated memory specialist serving customers who make a variety of consumer and industrial devices including cellular phones, MP3 players, digital cameras, ultra-mobile computers and other high-tech equipment.

Numonyx begins operations in the growing and dynamic non-volatile memory business with considerable momentum. The company is the leading provider of NOR flash memory, and holds a considerable line-up of NAND technologies for added growth and DRAM products that provide unique product depth and value. Combined, Numonyx becomes the third largest non-volatile memory provider with a combined annual revenue of approximately $3 billion.

"It is rare when a company starts in such a strong position," said Brian Harrison, chief executive officer of Numonyx. "The complementary nature of the two parent companies' products, technologies and expertise has given us a competitive edge. We start with a comprehensive product line-up of leading technologies; dedicated capacity; already leading PCM development and delivery; a highly experienced management team and an amazing employee base of memory experts. Immediately, Numonyx is a formidable memory solutions provider."

To meet demand for memory chips, the company will possess both wafer fabrication and assembly and test manufacturing facilities in addition to holding external supply agreements. These facilities include six 200 mm and three 300 mm wafer fabs, including facilities in Israel, Italy and Singapore. This will give Numonyx the flexibility to produce any combination of NOR, NAND and RAM wafers depending on customer demand.

Headquartered in Switzerland and incorporated in the Netherlands, Numonyx has approximately 7000 employees worldwide with facilities in the USA, Italy, China, Israel, Singapore, Malaysia, and Philippines.

For more information contact Simon Churches, Arrow Altech Distribution, +27 (0)11 923 9600, schurches@arrow.altech.co.za, www.arrow.altech.co.za



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