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Intel Breaking Up IMFT NAND/SSD Joint Venture?

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Micron and Intel have been producing NAND flash memory though their joint venture, IM Flash Technologies LLC (IMFT), for several years. The venture has opened a new manufacturing plant in Singapore, however unlike the firm's first plant, Intel has not (yet) invested in this one. Micron therefore owns the entire output of the plant, though they remain partners with Intel. Micron is expected to make most of the capital investments for IMFT in the future and will therefore own a larger percentage of the venture.

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