Micron Takes Lexar
The timing of Micron couldn't have been better as an impending surge of demand for flash memory devices is expected as MP3 players are ordering them at a tremendous pace. As what is reported yesterday, the scene will get hotter with the new iPod being based on high capacity flash memory.
"'We believe Lexar's retail products and channel relationships complements Micron's manufacturing capabilities and allows access to the data card market in addition to the wireless and portable media markets they are already addressing,' wrote Credit Suisse analyst Michael Masdea in a client note."
Source: Micron's Lexar Buy Looks Like A Good Fit
Technorati tags: Micron / Lexar / Deal / Flash Memory / iPod / Mp3 Players
posted by Henry Marcos at 3:14 AM