SUNNYVALE, Calif. -- Silicon foundry provider 1st Silicon (Malaysia) Sdn. has licensed flash-memory technology from Silicon Storage Technology Inc. (SST).
1st Silicon will license SST's 0.25-micron SuperFlash technology in an effort to manufacture embedded flash products for foundry customers. The embedded flash is the first of several new technologies 1st Silicon will be adopting in order to differentiate itself, according to the Malaysian foundry provider.
Under terms of the agreement, the two companies expect to have SST's SuperFlash technology in pilot production by next spring. To date, SST has more than a dozen worldwide licensees of its SuperFlash technology, including IBM, Motorola, NEC, Samsung and TSMC, among others.
SST also reported revenues of $64.2 million in the second quarter, compared with $61.7 million in the first quarter and with $69.5 million in the second quarter a year ago.
Net loss for the second quarter was $4.6 million, or a loss of $0.05 per share, based on approximately 94.5 million shares outstanding. This compares with a net loss of $10.7 million, or a loss of $0.11 per share on approximately 94.2 million shares outstanding in the first quarter of 2003, and with a net loss of $4.2 million, or a loss of $0.05 per share on approximately 92.4 million shares outstanding in the second quarter of 2002.