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Micromax and Phison form JV to develop storage chips
Hindustan Times Pune
|December 20, 2024
Indian smartphone company Micromax Informatics has tied up with Taiwanese NAND storage chip maker Phison to develop high-end storage products for enterprise, automotive and AI models.
NEW DELHI:
The 55:45 joint venture, called MiPhi, has started manufacturing the storage chips or solid-state drives (SSDs) from Micromax's Greater Noida facility and will train users on integrating the chips with existing infrastructure. "By combining our local market expertise with Phison's critical technological prowess, we are poised to deliver breakthrough solutions," said Rahul Sharma, co-founder, Micromax Informatics, in a release on Thursday.
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