Micron Launches SLC NAND Flash for IoT and Automotive

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Micron Technology, Inc.
MU
revealed its newest embedded SLC NAND Flash maximized for the next generation of Internet of Things (IoT), as well as, automotive applications. According to the chip maker, it would be available with differing interfaces to accommodate design, its second generation Serial (SPI) NAND and fifth generation parallel SLC NAND. Micron expressed the confidence that would its latest product would offer the industry's best-in-class reliability, read and program performance, and ease of design apart from advanced security features. The company quoted Gartner predictions indicating the market for IoT endpoint, which would grow to $3.5 trillion before the year 2020. The company added that as system designers sought embedded solutions to power the performance for the connected home, wearables and the connected car, the chip maker said that the technical demands have also lifted the benchmark for the security and seamlessness for ingredient semiconductor suppliers. Micron said that its newest SLC NAND addresses these requirements for high-performance storage technology to boost the market forward. The company's product line director of NAND flash, Aravind Ramamoorthy, said, "Micron works closely with chipset partners and customers within the ecosystem to design tomorrow's products that meet the complex NAND requirements fueled by IoT and automotive. The new SLC NAND Flash technology enables a new category of embedded applications that need reliable, high-performance, low pin count and secure4memory for code and low density data storage." Micron indicated that its latest SLC NAND provided several competitive technical advantages. The company cited that for drop-in compatibility in both legacy and new applications, new features and enhancements included best-in-class reliability, program and read performance delivers optimal data retention and fast boot with industry-leading 133Mhz SPI3 interface. The company engaged leading semiconductor and system designers so as to ensure that its latest NAND Flash topped the data storage, as well as, memory requirements for upcoming products. Following this, the stock traded 5.6 percent while writing this article on Thursday.
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