Credit: Fancycrave Intel and Micron Technology plan to construct a factory in Singapore to produce NAND flash memory, the two partners announced Monday.Intel and Micron plan to create a new joint venture for the Singapore factory. Construction on the plant will begin during the first half of next year. The companies did not disclose the exact amount they plan to invest in the Singapore plant, which will cost “billions of dollars,” according to a statement.NAND flash is a type of non-volatile memory used in digital cameras, MP3 players and other devices. The chips are able to store data even when power is turned off. During the second half of 2008, the Singapore plant will begin production of NAND flash chips on 300-millimeter wafers using a 50-nanometer process. The number used to describe the process technology refers to the size of the smallest feature that can be created on a chip. In chip technology, smaller sizes are better, as this generally helps reduce power consumption, increase speed, and reduce unit production costs by allowing chip makers to fit more chips on a single wafer. The Singapore plant will operate alongside IM Flash Technologies, a joint venture between the two partners in the United States that has two 300-millimeter chip-fabrication plants—one in Virginia and another in Utah. The Virginia plant is already up and running, while the Utah plant will begin production early next year.IM Flash also produces memory chips at an existing Micron plant in Boise, Idaho. By Sumner Lemon, IDG News Service (Singapore Bureau) Related content brandpost Sponsored by SAP What goes well with Viña Concha y Toro wines? Meat, fish, poultry, and SAP Viña Concha y Toro, a wine producer that distributes to more than 140 countries worldwide, paired its operation with the SAP Business Technology Platform to enhance its operation and product. By Tom Caldecott, SAP Contributor Dec 04, 2023 4 mins Digital Transformation brandpost Sponsored by Azul How to maximize ROI by choosing the right Java partner for your organization Choosing the right Java provider is a critical decision that can have a significant impact on your organization’s success. By asking the right questions and considering the total cost of ownership, you can ensure that you choose the best Java p By Scott Sellers Dec 04, 2023 5 mins Application Management brandpost Sponsored by DataStax Ask yourself: How can genAI put your content to work? Generative AI applications can readily be built against the documents, emails, meeting transcripts, and other content that knowledge workers produce as a matter of course. By Bryan Kirschner Dec 04, 2023 5 mins Machine Learning Artificial Intelligence feature The CIO’s new role: Orchestrator-in-chief CIOs have unique insight into everything that happens in a company. Some are using that insight to take on a more strategic role. By Minda Zetlin Dec 04, 2023 12 mins CIO C-Suite Business IT Alignment Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe