Saifun Semiconductors, Ltd. provides intellectual property solutions for the nonvolatile semiconductor memory market.
Its technology, NROM, enables semiconductor manufacturers to build products using a single process for nonvolatile memory applications.
The NROM technology is used in four primary nonvolatile memory market segments:
• Code flash. Code flash is typically used to store executable code, such as the operating system software of a cellular phone. One of our licensees is Spansion (formerly known as Fujitsu AMD Semiconductor LLC), the largest global vendor of code flash in 2004 with total sales of $2.4 billion representing 24.3% of the total code flash market, according to Web-Feet Research. For the six months ended June 26, 2005, we derived license fees of $4.4 million from Spansion, which we believe relate primarily to sales of code flash memory devices.
•
Data flash. Data flash is used for high density storage of information, such as in memory cards for digital cameras. One of our licensees targeting the data flash market is Infineon Technologies (with which we formerly had a joint venture with respect to data flash that we exited in 2004). According to Gartner, Infineon Technologies was the fifth largest vendor of semiconductors globally and the fourth largest vendor of memory semiconductors globally in 2004. In January 2004, Infineon Technologies launched its TwinFlash technology, which incorporates our NROM technology.
•
Embedded flash. Embedded flash combines non-volatile memory and programmable logic on a single chip for use in applications such as smart cards. One of our licensees targeting the embedded flash market is Matsushita, one of the world’s largest vendors of consumer electric and electronic products and, according to Gartner, the 15th largest semiconductor manufacturer in 2004, with revenues of $3.8 billion from semiconductor sales. To date, we have derived limited revenues from Matsushita.
•
Serial flash. Serial flash is characterized as small, low-power flash memory that uses a serial interface for data access used in applications such as computer graphic cards, hard disk drives, cordless phones and set top boxes. We are targeting this market through our collaboration with Spansion, pursuant to which Spansion shares with us the profits from sales of agreed-upon serial flash products.
The company serves portable markets, such as mobile phones, digital cameras, personal digital assistants,
USB flash drives, communication applications, and computer
and peripherals applications.
It licenses its NROM technology to semiconductor manufacturers primarily in Taiwan, Israel, the United States, Germany, and Japan.
In addition, the company provides design and product development services. Saifun Semiconductors was founded by
Boaz Eitan in 1996. Saifun Semiconductors is headquartered
in Netanya, Israel.
http://www.saifun.co.il
Saifun Semiconductors Contacts:
Marsha Shalvi
Investor Relations
Tel: +972-9-892-8450
Email: marshas@saifun.com
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