ECD Announces Ovonyx and Samsung Sign Technology Licensing Agreement for Phase-Change Memory
29 12월 2005 - 5:40AM
PR Newswire (US)
ROCHESTER HILLS, Mich., Dec. 28 /PRNewswire-FirstCall/ -- Energy
Conversion Devices, Inc. (ECD Ovonics) (NASDAQ:ENER) is pleased to
announce that Ovonyx, Inc., its 39.5%-owned joint venture, and
Samsung Electronics Co., Ltd. have entered into a long-term license
agreement under Ovonyx' intellectual property relating to Ovonic
Universal Memory (OUM) thin-film semiconductor memory technology,
originally invented by S. R. Ovshinsky, the president, chief
scientist and technologist and co-founder of ECD Ovonics. The
complete text of the joint press release follows. Ovonyx and
Samsung Sign Technology Licensing Agreement for Phase Change Memory
Santa Clara, Calif., Seoul, Korea, December 28, 2005 - Ovonyx, Inc.
('Ovonyx') and Samsung Electronics Co, Ltd. ("Samsung") today
announced that they have entered into a long-term license agreement
under Ovonyx' intellectual property relating to Ovonic Universal
Memory (OUM) thin-film semiconductor memory technology. Ovonyx
memory technology uses a reversible phase-change memory process
that has been previously commercialized worldwide in rewritable CD
and DVD optical memory disks. The Ovonyx array-addressed
semiconductor memory technology can be used in applications such as
Flash and DRAM memory replacements, as well as in embedded
applications in many product areas such as microcontrollers and
reconfigurable MOS logic. "The IT industry embraces change and
enhancements which are enabled by advanced semiconductor
technologies," said Byung-Il Ryu, executive vice president of
Samsung Electronics' Semiconductor R&D Center. "The agreement
we announce today will open doors to further development and
research on phase- change technology (or OUM nonvolatile memory
technology), a prominent solution for next generation memory
designs and applications." "Samsung is the market leader in DRAM
and Flash memory production and has made rapid progress towards
productizing phase-change memory technology", said Tyler Lowrey,
President & CEO of Ovonyx. "Ovonyx looks forward to working
with Samsung to commercialize OUM nonvolatile memory products".
About Samsung Electronics: Samsung Electronics Co., Ltd. is a
global leader in semiconductor, telecommunication, digital media
and digital convergence technologies with 2004 parent company sales
of US$55.2 billion and net income of US$10.3 billion. Employing
approximately 113,600 people in over 80 offices in 48 countries,
the company consists of five main business units: Digital Appliance
Business, Digital Media Business, LCD Business, Semiconductor
Business, and Telecommunication Network Business. Recognized as one
of the fastest growing brands, Samsung Electronics is a leading
producer of digital TVs, memory chips, mobile phones and TFT-LCDs.
For more information, please visit http://www.samsung.com/ About
Ovonyx: Ovonyx was formed with the charter to commercialize the
proprietary phase- change semiconductor memory technology
originally invented by S. R. Ovshinsky at Energy Conversion
Devices, Inc. ((NASDAQ:ENER) see website at http://www.ovonic.com/
). Ovonyx nonvolatile memory technology offers significantly faster
write and erase speeds, higher cycling endurance, and better
scaling performance with new generations of photolithography than
conventional Flash memory. It also has the advantage of a simple
fabrication process that allows the design of semiconductor chips
with embedded nonvolatile memory using only a few additional mask
steps. Ovonyx is pursuing commercialization of its array-addressed
memory systems through joint development programs with a number of
licensees including Samsung, BAE Systems, Intel Corporation, ST
Microelectronics, Nanochip, and Elpida Memory. For more
information, please visit http://www.ovonyx.com/ . DATASOURCE:
Energy Conversion Devices, Inc. CONTACT: Karen Connolly of Ovonyx,
Inc., +1-408-685-4920, Fax: +1-248-844-2359, Email: ; or Sunghae
Park of Samsung Electronics Co. Ltd., +82-31-209-7037, Fax:
+82-31-209-7049, Email: Web site: http://www.ovonic.com/
http://www.samsung.com/
Copyright
Accretion Acquisition (NASDAQ:ENER)
과거 데이터 주식 차트
부터 7월(7) 2024 으로 8월(8) 2024
Accretion Acquisition (NASDAQ:ENER)
과거 데이터 주식 차트
부터 8월(8) 2023 으로 8월(8) 2024