We told you of Intel and Micron’s great plans for NAND flash manufacturing and its new common company IM Flash back in February. Intel invested several millions into Micron and its NAND Flash technology and not it seems that even more money is coming. Intel and Micron has now announced that is has decided to build a new plant for NAND Flash in Singapore and the new factory will be the biggest of its kind in Singapore when its completed in the middle of 2008. Intel claims that the investment is at the level of several million dollars and is meant to manufacture NAND Flash circuits based on a new 50nm process.
“We are quite pleased with the progress IM Flash Technologies has made in a very short period of time, positioning us for future growth in the NAND marketplace,” said Brian Harrison, vice president, general manager, Flash Memory Group, Intel Corporation. “By executing to our strategy of ramping one 300mm fab per year, we fully expect to become one of the top manufacturers of NAND flash memory.”
