Fujitsu and AMD to produce flash memory together?
Fujitsu confirmed fact of the negotiations with flash memory production partner, AMD, about further cooperation in this segment.
According to The Financial Times, Fujitsu and AMD negotiate to converge production capacities and organize a new joint venture for flash memory production. AMD share is expected to be 60%, Fujitsu will own other 40%. The venture creation will supposedly be announced in January 2003.
According to Gartner Group, in 2001 Intel occupied the first place in the flash memory market with the 25.7% of world production. The second and third places were taken by AMD and Fujitsu, respectively. After the asset convergence production volumes of the new venture wil make 23.4%.
So, the flash memory partnership between AMD and Fujitsu can be improved in the near future. As you know, as far as in 1993 these companies created Fujitsu AMD Semiconductor joint venture, based on Fujitsu production facilities, where Fujitsu owns 50.01%.
Source: Nikkei Net
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