NAND flash market to hit $30B USD by 2010

This week Intel and Micron announced that their joint memory company, IM Flash Technologies, produced the world's first NAND flash memory samples based on 50nm fabrication technology. The new memory is currently sampling out in 4Gbit devices. Both Intel and Micron said that they plan to ramp up production and mass produce a range of densities based on 50nm in 2007.

The new memory will be available on a range of devices and samples will be shipping to manufacturers soon. IM Flash Technologies currently manufactures its NAND flash memory on 300mm wafers. Micron said that it too will begin transitioning its manufacturing facilities to produce memory on 50nm -- most of its memory is still being manufactured at 90nm. According to the press release:

This move to 50nm process technology will enable Intel and Micron to meet the growing demand for higher density NAND flash across a range of computing and consumer electronics applications such as digital music players, removable storage and handheld communications devices. According to industry research forecasts, the NAND market segment is estimated to reach $13 to $16 billion in 2006 and grow to approximately $25 to $30 billion by 2010.

Intel and Micron announced earlier this year that they will be contribute roughly $3.8B USD into developing and producing flash memory. The result of  this cooperation is IM Flash Technologies LLC. The joint company is controlled by both companies, with Micron controlling the majority 51 percent. IM Flash Technologies produces memory based on designs by Intel.

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