Thursday, March 8, 2007
IM Flash Technologies LLC, the NAND joint-venture between Intel Corp. and Micron Technology Inc., will push ahead with aggressive capacity expansion plans, the head of Intel's flash memory group said.
"We think that in long term this is a business that people will make money in," said Brian Harrison, vice president and general manager of Intel's flash memory group at a press/analyst meeting here.
The pricing environment for NAND is currently "brutal," Harrison acknowledged, but said Intel is "in it for the long term." That said, Harrison added that the company continues to study the business climate and would pull back from its capacity expansion plans if conditions continue to deteriorate.
Created in January 2006, IM Flash already has a working 200-mm fab in Boise, Idaho. A 300-mm fab in Manassas, Va., is said to be rapidly ramping, while a 300-mm fab in Lehi, Utah, produced its first wafers last week, according to Intel. A 300-mm fab ticketed for opening in Singapore in 2008 is scheduled to break ground later this month. Harrison touted a strategy that will see the venture bring online roughly one fab per year.
By: DocMemory
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