Rambus Inc. (NASDAQ: RMBS) today announced a joint venture in China, Reliance Memory, has been formed to commercialize Resistive Random Access Memory (RRAM) technology, with partner GigaDevice, a leading provider in China of non-volatile memory solutions and 32-bit microcontrollers, along with strategic investment partners THG Ventures, West Summit Capital, Walden International and Zhisland Capital. The new venture will bring next-generation memory technology to market for use in embedded devices.
About GigaDevice Semiconductor (Beijing) Inc.
GigaDevice is a global R&D and chip design company headquartered in Beijing specializing in high-performance, low-power and cost-effective memory and controller solutions. The company’s lineup of products includes code-type flash memory, data-type flash memory and microcontrollers. Our technologies are in wide global use in applications ranging from mobile devices, personal computers and peripherals, networking and telecommunications equipment, medical devices, automotive electronics, industrial automation systems and more. GigaDevice is committed to the success of our customers through continuous innovation, in-depth research and quality design and development.