Lite-On has announced that it had signed an agreement with Tsinghua Unigroup to establish a joint venture in China. The JV will develop and build SSDs in Suzhou. The registered capital of the new entity will be $100 million, which is relatively high - well beyond the cost of building and outfitting a plant with SMT placement equipment to install controllers and NAND memory on PCBs. Under the terms of the agreement, Lite-On invests $45 million for a 45% stake in the joint venture as well as two seats in its board of directors, whereas Tsinghua Unigroup invests $55 million for a 55% stake and three seats. The JV will be managed by co-CEOs proposed by the two shareholders. The co-CEO from Lite-On will be...
Lite-On has added its new EPX-series enterprise-class SSDs to its lineup. Based around 3D TLC NAND memory and in the uncommon M.2-22110 form-factor, the new drives are aimed at...7 by Anton Shilov on 12/8/2017
Phison has been sampling its entry-level PS5008-E8 NVMe SSD controller for well over a year now, and a number of its partners have demonstrated their drives featuring the chip...4 by Anton Shilov on 12/7/2017
Lite-On has quietly added its new high-end CA3 M.2 NVMe SSDs to its lineup. The new drives are based on Toshiba’s 3D TLC NAND memory, a Marvell controller, and...6 by Anton Shilov on 11/9/2017
Lite-On (including its consumer SSD brand Plextor) is one of the largest SSD vendors that is not vertically integrated. They don't manufacture NAND flash memory and don't design their...1 by Billy Tallis on 8/25/2017
Sales of SSDs in the first quarter of 2016 were up 41.2% year-over-year, based on findings from TrendFocus*, a storage market tracking company. Shipments of all types of SSDs...24 by Anton Shilov on 10/5/2016
Shipments of SSDs in the first quarter of 2016 were up 32.7% compared to the same period a year ago, according to findings of TrendFocus*, a storage market tracking...11 by Anton Shilov on 5/25/2016
Continuing with our CES SSD coverage, Plextor released a new M6e Black Edition PCIe SSD at the show. Unfortunately, the Black Edition offers nothing new in terms of the...1 by Kristian Vättö on 1/15/2015