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SanDisk, Qimonda To Jointly Develop MCPs

SanDisk and Qimonda have entered into an agreement to jointly develop and manufacture MCPs utilizing SanDisk’s NAND flash and controllers and Qimonda’s low power mobile DRAM.

GERMANY - SanDisk Corp. and Qimonda AG have entered into an agreement to jointly develop and manufacture multichips (MCPs) utilizing SanDisk’s NAND flash and controllers and Qimonda’s low power mobile DRAM.

This agreement will be executed through a jointly owned company based in Portugal, subject to closing conditions, including regulatory approvals.

The MCPs will be sold by Qimonda and SanDisk through their existing sales channels to mobile handset manufacturers.

Engineering samples are expected to be available for evaluation in the second half of 2007, with mass production planned towards the end of 2007.