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DEAL WITH HITACHI INTEL WILL EXPAND ITS FLASH MEMORY BUSINESS
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1-16-2009 5:55 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/771d0391-ac17-48bc-93f5-528da28827c0/53CB9729-6996-4A2A-B6B5-5AD9536B6756/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th" href="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th"><NYT_HEADLINE type=" " version="1.0"> In Deal With Hitachi, Intel Will Expand Its Flash Memory Business </NYT_HEADLINE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.nytimes.com/img/1EC35746-ABBF-4FC2-A22A-482CBF79E62F" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th"><P><A title="More information about Intel Corporation" href="http://topics.nytimes.com/top/news/business/companies/intel_corporation/index.html?inline=nyt-org">Intel</A>, the world’s largest chip maker, records most of its profit from its core business, the microprocessors that serve as the brains of most computers. But the company’s side venture in flash memory — which is used to store songs on digital music players and photos on digital cameras — has been another story.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th"><P>Although Intel does not disclose financial details of the business, flash-based storage is an intensely competitive industry, with specialty companies like <A title="More information about SanDisk Corp" href="http://topics.nytimes.com/top/news/business/companies/sandisk_corporation/index.html?inline=nyt-org">SanDisk</A> and giant electronics makers like Samsung and Toshiba battling for market share amid eroding prices of the underlying high-speed memory. Some shareholders have been pushing Intel to exit that low-margin business, which it operates through a joint venture with Micron.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th"><P class="caption"> A hard disk, top, and a flash drive, with no moving parts. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/12/02/technology/02intel.html?th&emc=th">But Intel is taking a different approach. On Tuesday, it will announce a deal with <A title="More information about Hitachi Ltd" href="http://topics.nytimes.com/top/news/business/companies/hitachi-ltd/index.html?inline=nyt-org">Hitachi</A> to become the sole supplier</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/53CB9729-6996-4A2A-B6B5-5AD9536B6756/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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