Spansion Announces NOR Flash Memory Solutions Targeted at Emerging Markets | Cypress Semiconductor
Spansion Announces NOR Flash Memory Solutions Targeted at Emerging Markets
New Flash memory family designed for entry-level handsets in regions with rapid new subscriber growth
SUNNYVALE, Calif., July 9, 2007 -- Spansion Inc. (Nasdaq: SPSN), the world's largest pure-play provider of Flash memory solutions, today announced the availability of its NOR VS family for emerging markets, designed to enable handset OEMs to introduce simplified, high-performance entry-level phones for regions with rapid new subscriber growth, such as China, India and Russia.
Entry-level phones targeted for emerging markets typically range from basic, voice-only models to color screen handsets equipped with a low-resolution camera and 2D games. The Spansion(R) NOR VS family, with densities ranging from 16Mb to 64Mb and with up to 30 percent savings on die size, enables handset OEM customers to develop more cost-efficient and higher performance solutions compared to earlier generation products.
With 1.8-volt and burst mode supports of up to 104MHz, the NOR VS family is compatible with existing interfaces, chipsets, packages and commands. Additionally, the new Spansion product family enables a seamless pinout migration and simple software migration for handset designers to the MirrorBit(R) technology family, empowering phone manufacturers to quickly bring to market new handsets that attract new users and grow market share.
"With the addition of the NOR VS family to Spansion's wireless portfolio, we are able to take a systems-level approach, providing our customers with a very high performing and cost-efficient Flash memory solution that enables handset OEMs to bring phones to price sensitive markets more quickly," said Ahmed Nawaz, executive vice president, Wireless Solutions Division at Spansion. "This new offering complements our MirrorBit technology brand, making it easy for phone manufacturers to scale their offerings as users in emerging regions begin to require upgrades from basic, entry-level phones, up to very high-end, content-rich phones."
The Spansion NOR VS family of solutions for emerging markets is currently sampling at 32Mb and is expected to be sampling at 16Mb and 64Mb by July. Mass production for the 16Mb, 32Mb and 64Mb is planned for Q4 2007.
The NOR VS family is manufactured at Spansion's flagship facility, Fab 25 in Austin, TX.
Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. For more information, visit www.spansion.com.
This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including expectations regarding the schedule for sampling and mass production of the NOR VS family. Investors are cautioned that the forward- looking statements in this release involve risks and uncertainties that could cause actual results to differ materially from the company's current expectations. Risks that the company considers to be the important factors that could cause actual results to differ materially from those set forth in the forward-looking statements include the possibility that demand for the company's Flash memory products will be lower than currently expected; that OEMs will increasingly choose NAND-based Flash memory products over NOR- and MirrorBit ORNAND architecture-based Flash memory products for their applications; that competitors may introduce new memory or other technologies that may make our Flash memory products uncompetitive or obsolete; that the company will fail to develop, or there will be a lack of customer acceptance of, MirrorBit NOR or MirrorBit ORNAND architecture-based Flash memory products; that the company will lose a significant customer; that the company will be adversely affected by its substantial indebtedness; that the company will not be able to raise sufficient capital to enable it to establish leading-edge capacity to meet product demand and maintain market share; that the company may not achieve facilities and capacity implementation schedules; that the company will not successfully develop, introduce and commercialize new products and technologies or to accelerate our product development cycle; that the company may experience manufacturing constraints; that the company may not maintain manufacturing efficiency; that industry overcapacity may affect the company's prices and manufacturing capacity; and that the company's operations in foreign countries may be subject to economic and geopolitical risks. We urge investors to review in detail the risks and uncertainties in the company's Securities and Exchange Commission filings, including but not limited to the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2006. The company assumes no obligation to update any forward- looking statements or information included in this press release.
Spansion(R), the Spansion Logo, MirrorBit(R), MirrorBit(R) Eclipse(TM), ORNAND(TM), HD-SIM(TM) and combinations thereof, are trademarks of Spansion LLC in the US and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.