Report: NEC, Toshiba to jointly develop MRAM

Sept. 16, 2002 – Japanese chipmakers NEC and Toshiba Corp. have agreed to jointly develop an energy-efficient MRAM system for laptops and cell phones, according to media reports.

The companies will invest a total of 10 billion yen commercializing MRAM, the Nihon Keizai newspaper reported.

NEC and Toshiba have already set up a research and development team and are aiming to mass produce 256-megabit MRAM chips by around 2005, the report said.

The alliance is the first between Japan’s top two electronics firms, which are hoping to regain competitiveness in global memory chip market after falling behind in recent years.


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