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Renesas denies flash memory exit

Posted: 12 Dec 2005     Print Version  Bookmark and Share

Keywords:Renesas Technology  AG-AND  flash memory 

Renesas Technology Corp. will halt development of its AG-AND flash memory, but said it will continue manufacturing and supplying current flash memory products.

The announcement came in response to a report by Nikkei Shimbun stating that Renesas would withdraw from the flash memory business. A Renesas spokeswoman denied the report, but admitted that it will no longer develop the 8Gb memory or higher-density memories.

Renesas began volume production of 4Gb memory in April. It will continue to supply current flash memory products from 256Mb to 4Gb.

Renesas reported a ¥2 billion (about Rs.77.61 crores) loss in the first half of this fiscal year last month and its loss for the year is expected to be more than twice that total.

Renesas announced a restructuring plan that includes a growth strategy. It plans to target its design and development resources on microcontrollers and LCD drivers and SoC devices.

"Renesas has no intention to position the memory business as one of its mainstay businesses," said Satoru Ito, president and CEO said recently. The memory business has been a loss leader for the chip maker.

"We will strengthen the collaboration with a partner for flash memory," he added. Renesas contracted with Taiwan's Power Chip Semiconductor for flash memory production. The contract covers up to 1Gb parts, but Renesas is considering extending the contract to include 4Gb devices, according to a spokesman.

- Yoshiko Hara
EE Times




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