JMicron Technology has reported, Kingston will purchase 1.5 million JMicron shares at NT$64 (US$2.21) each via private placement with a total transaction estimated at NT$96 million.

JMicron specializes in controller chips for solid-state drives (SSD). The company is also focused on controller chips for USB 3.0 storage devices.

JMicron reportedly cut into the supply chain of Kingston SSDs with its controllers since the second half of 2010. JMicron's SSD controller shipments for 2010 totaled more than one million units, with Kingston accounting for over 30% to the output, industry sources were quoted in previous reports as indicating.

By: DocMemory
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