Intel, Micron Tech to Build New Plant
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U.S. chipmakers Intel Corp. and Micron Technology Inc. plan to invest in a new plant that will make flash memory chips, used in popular gadgets such as MP3 players and digital cameras, an Intel official said.
Their new joint venture, called IM Flash Technologies, aims to take on market leaders Samsung Electronics Co. of South Korea and Toshiba Corp. of Japan, said Brian Harrison, vice president of Intel’s Flash Memory Group. Harrison said Intel hasn’t decided where the new facility will be based, and Asia hasn’t been ruled out.
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