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Micron launches new line of hard drives

By ET Bureau - October 25, 2019 1 Mins Read

Micron,hard drives,rival, Intel, chipmaker, data centers, IM Flash Technologies

Challenging its closest rival, Intel, chipmaker Micron Technology has launched a new line of hard drives for data centers. This is an opportune time since the two companies are close to formally ending a joint venture that was the birthplace of this technology.

It was in 2006 that Micron and Intel started working together to bring to the market the 3D cross-point memory technology. The technology uses three-dimensional features on storage chips to make them faster. The plan started about a year ago when Micron said it would buy out Intel’s share of the joint venture, called IM Flash Technologies, for $1.5 billion in cash.

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