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NVE Corp. Message Board

  • firstwordisee firstwordisee Nov 3, 2003 11:42 AM Flag

    New PR Excerpt

    Minn. Technology Mag. Cover Story..10-03

    ...the product with the potential to make NVE one of Minnesota�s most successful high-tech companies is a new type of memory for computers, cell phones, and other electronic devices called magnetoresistive random access memory (MRAM).... Industry analysts see MRAM chips developing into a multibillion dollar market in this decade.
    ...NVE has leveraged its MRAM expertise gained from military R&D--in August .....--into licensing agreements with semiconductor manufacturers. Cypress Semiconductor has produced MRAM prototypes, and has pledged to begin making commercial-grade chips at its Bloomington plant by next fall. Motorola, an 8 percent shareholder, also has developed prototype MRAM chips with an eye on mass production. ... Those deals could pay off handsomely when MRAM chips hit the market, which is why NVE has been getting attention from Wall Street...

 
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