October 1, 2007 – Korean memory chipmaker Hynix Semiconductor Inc. has licensed phase-change memory technology from Ovonyx Inc., and the firm will actively support Hynix’s own internal development of PCM products, the companies announced.
Phase-change memory is seen as a possible cost-effective replacement for both flash and DRAM memory, as well as embedded memory in applications such as microcontrollers and reconfigurable MOS logic. Ovonyx has a similar deal with Qimonda to pursue phase-change memory technology, and has partnerships with Intel and STMicro (since 2000, with some Intel funding in Nov. 2005), Samsung (Jan 2006), and Elpida (early 2005).
“Hynix’s strong manufacturing presence and world class development teams in both the DRAM and flash memory area provide an excellent platform for competitive and innovative PCRAM memory development and production,” said Tyler Lowrey, president/CEO of Ovonyx, in a statement.