Sandisk, Toshiba ink Flashvision memory dealSandisk and Toshiba have finalised an agreement to shift their joint production of flash memory chips from the US to Japan. Through their joint venture, Flashvision, the two companies in June 2001 began joint production of flash memory, utilising Toshiba's Dominion manufacturing plant. However, facing increasing losses in the commodity DRAM business, Toshiba decided in late 2001 to sell Dominion to Micron Technology and relocate Flashvision production to its semiconductor fabrication plant in Japan. Flashvision is expected to begin production in Japan in the third quarter of this year.
Philips, BenQ partner on optical storageKoninklijke Philips Electronics and BenQ are to work together on the development of optical storage products, initially focusing on DVD+RW drives. Together, the companies think they can bring faster DVD+RW products and other new optical storage products to market before the competition. The alliance will see Philips work on innovations and new storage concepts, while Benq will focus on delivering speed improvements once the technologies mature, the companies said.
Hynix gains from higher DRAM prices
For South Korea's Hynix Semiconductor, one of the largest memory chipmakers in the world, higher memory prices have brought with them something not seen for more than a year: profitability. In the first quarter of this year, Hynix reported a parent (unconsolidated) net income of 3 billion won ($A4.3 million) on revenue of 823 billion won. A year earlier, Hynix saw parent net losses of 540 billion won for the quarter on sales of 1.8 trillion won, according to Daniel Behrendt, an investor relations spokesman for Hynix. Figures for the two years are not directly comparable because Hynix spun off several divisions last year.