SST, Taiwan Semi Ink Pact

Stock quotes in this article: TSM , SSTI  

Silicon Storage Technology (SSTI Quote) and Taiwan Semiconductor Manufacturing (TSM Quote) have signed a new development and licensing agreement covering flash technology.

Under the terms of the agreement, Taiwan Semiconductor will license Silicon Storage's next-generation 90-nanometer SuperFlash technology as part of its embedded flash memory portfolio.

"Our 90nm SuperFlash technology represents a significant extension to our reach in the embedded flash market," said Bing Yeh, president and CEO of Silicon Storage. "The development of this next-generation memory cell is consistent with our roadmap of scaling the SuperFlash technology to finer process geometries. TSMC has been an invaluable and strategic partner for SST."

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