by Staff Writers
Seoul (AFP) July 13, 2011
South Korea's Hynix Semiconductor and Japanese electronics giant Toshiba said Wednesday they have agreed to jointly develop a next-generation memory device.
The companies said in a statement that the tie-up to develop spin-transfer torque magnetoresistance random access memory (STT-MRAM) technology -- for use in devices such as smartphones -- would help them minimise risk.
Toshiba recognises MRAM as an important next-generation memory technology that could sustain future growth in its semiconductor business, the statement said.
The two companies intend to set up a joint production venture once the technology has been successfully developed, it said.
Hynix CEO Kwon Oh-Chul described MRAM as "a perfect fit" for growing consumer demand for more sophisticated smartphones.
"MRAM is a rare gem full of exciting properties, like ultra high-speed, low-power consumption, and high capacity, and it will play the role of key factor in driving advances in memories," he said.
The two companies said they have also extended a patent cross-licensing and product supply agreements reached in 2007.
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Important step in the next generation of computing
Cambridge UK (SPX) Jul 05, 2011
Scientists have taken one step closer to the next generation of computers. Research from the Cavendish Laboratory, the University of Cambridge's Department of Physics, provides new insight into spintronics, which has been hailed as the successor to the transistor. Spintronics, which exploits the electron's tiny magnetic moment, or 'spin', could radically change computing due to its potenti ... read more
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