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Weak market delays IM Flash chip production

Posted: 07 May 2008     Print Version  Bookmark and Share

Keywords:chip production  flash memory chips  NAND 

IM Flash Technologies announced through its executive that it will delay the start of production of NAND flash memory chips at its Singapore fab by six months due to weak market conditions, according to a Reuters report.

The Intel-Micron joint venture firm was supposed to start production by December but the plummeting NAND market, price declines and oversupply had caused the delay, IM Flash co-executive officer Rodney Morgan said.

IM Flash's Singapore facility is the JV's fourth plant and its first outside the United States. It produces 50nm flash memory chips from 12-inch silicon wafers.

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