Cree to Acquire COTCO Luminant Device Ltd.
DURHAM, NC, March 12, 2007 — Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, today announced a definitive agreement to acquire privately held COTCO Luminant Device Ltd. (“COTCO”), headquartered in Hong Kong, in a combined stock and cash transaction valued at approximately US $200 million. Details... more
Samsung samples 8-Gbyte moviNAND Flash to mobile OEMs
Samsung is sampling to major mobile manufacturers its moviNAND embedded-Flash solution with 8-Gbytes of storage, which it says is the highest density embedded Flash memory to date and can store up to 2,000 songs or enough map data to implement global positioning system (GPS) and points of interest for the entire western world. Details... more