Samsung Electronics Licenses OneNAND to STMicroelectronics

Seoul, South Korea -- October 23, 2006 -- Samsung Electronics Co., Ltd., the leader in advanced semiconductor technology, today announced that STMicroelectronics, one of the world’s leading semiconductor manufacturers, has licensed Samsung’s most advanced flash memory, OneNANDTM, to help meet rising demand in various applications including the mobile marketplace.

“Samsung welcomes STMicroelectronics’ decision to support the projected strong continued growth of the world’s highest performing flash memory,” said Yun-Ho Choi, senior vice president of Samsung Electronics’ Semiconductor Business’ Flash Solution Team. ”As a result of STMicroelectronics’ licensing move, handset and other platform designers can more easily specify OneNAND in an expanding range of mobile applications.”

According to the agreement, STMicroelectronics will support Samsung’s OneNAND starting early 2007.

OneNAND’s advanced architecture features NAND core with SRAM and logic elements to emulate a NOR Flash interface. OneNAND provides a sustained data ‘read’ speed of 108 MByte/s, which is four times faster than conventional NAND Flash memory, and a ‘write’ speed of 10 MByte/s, which is more than 46 times faster than multi-level-cell NOR Flash memory. The fast read and write speeds can provide significant performance enhancements in boot-time and application launch-time in mobile handsets and NV-Cache (Non-Volatile Cache) for PC applications.

About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2005 parent company sales of US$56.7 billion and net income of US$7.5 billion. Employing approximately 128,000 people in over 120 offices in 57 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones, and TFT-LCDs. For more information, please visit www.samsung.com