In January 2006, Micron Technology, Inc., one of the worlds leading providers of advanced semiconductor solutions, and Intel Corporation, the world’s largest chip maker, came together to form a new company: IM Flash Technologies, LLC. IM Flash marries the technology, assets, and experience of two major corporations to manufacture NAND Flash memory-an increasingly important and fast-growing memory technology used in consumer electronics, removable storage, and handheld communication devices. Manufacturing products exclusively for Micron and Intel, IM Flash combines Micron’s expertise in developing NAND technology and operating highly efficient manufacturing facilities with Intel’s multi-level cell technology and history of innovation in the Flash memory business.