Micron Technology, Inc (NASDAQ:MU) offers 1 GB PCM solutions to Nokia (NYSE:NOK)

Micron Technology, Inc (NASDAQ:MU) yesterday announced that it is going to expand its Phase Change Memory (PCM) portfolio.

The company’s 45-nanometer (nm), 1-gigabit (GB) PCM-based multichip package (MCP) solution for mobile devices with high volume shipments is under progress. Micron Technology is now sampling a 512-megabit (Mb) PCM in addition to 512Mb LPDDR2 MCP that provides greater flexibility in terms of application requirements.

The world’s leading providers of advanced semiconductor solutions also declared that it has been providing 1 GB PCM to Nokia, to be used in their newly launched mobile phones.

As the world’s largest supplier of PCM solution, Micron Technology is building a strong relationship with chipset vendors, enablers and handset manufacturers in order to catch up with the growing market demand for PCM.

The world’s leading mobile device manufacturers, Nokia, is deploying Micron’s PCM solution to enhance the workability of select devices in its portfolio.

It was stated by the Nokia’s Senior Vice President that they always look for the ways to offer innovative mobile devices for its customers globally, and MU’s PCM for mobile let them enhance performance of Asha smartphones.

Micron Technology, Inc. (NASDAQ:MU) hit -8.95% as their profit margin for the last twelve months and had an operating margin of -7.51%. Evaluating management effectiveness, return on equity was maintained at -12.76% in last twelve months. Return on assets for Intel was -5.07%. In the previous 52 weeks the price has traded between $5.16 – $9.16. The last session’s volume of 28.35 million shares competed with the average daily trading volume of 24.65 million shares.

Within the industry, Rambus Inc. (NASDAQ:RMBS) had a -56.51% profit margin in the last twelve months and an operating margin at -40.21%. Return on equity for this company was -37.68% in the last twelve months. Return on assets was -22.65%. In the last year the stock has moved within a range of $3.78 – $9.29. The last session’s volume of 631,069 shares competed with the average daily trading volume of 587,723 shares.

MIPS Technologies, Inc. (NASDAQ:MIPS) recorded a profit margin of 11.35% for the prior 12 months and an operating margin at 13.56%. Return on equity for this stock was 8.01% while return on assets was 6.96%.

Within the industry, Netlist, Inc. (NASDAQ:NLST) had a -21.38% profit margin in the last twelve months and an operating margin at -20.82%. Return on equity for this company was -60.26% in the last twelve months. Return on assets was -33.95%.