Hynix, Toshiba to develop new STT-MRAM memory device

Jul 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.

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 (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 , 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.

Explore further: ARM set to improve battery life for Internet of Things devices

Related Stories

Recommended for you

OrangeSec pair said Cortana visited Android

14 hours ago

Can, did, Cortana work on Android? A talked-about act at droidcon 2015: a presentation titled "Cracking Cortana." The OrangeSec team arrived at the Turin, Italy, event to show their work in a CortanaProxy ...

DOJ, FBI acknowledge flawed testimony from unit

17 hours ago

The Justice Department and FBI have formally acknowledged that nearly every examiner in the FBI Laboratory's microscopic hair comparison unit gave flawed testimony in almost all trials in which they offered evidence against ...

Germany still has some way to go to 'smart factories'

17 hours ago

Collaborative robots and intelligent machinery may have wowed the crowds at this year's Hannover Messe, but experts see German industry as having some way to go towards incorporating them on factory floors ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.