Sony & Qimonda venture

Sony Corporation and Qimonda AG announced that they have signed an agreement to found the joint venture Qreatic Design to be locatd in Tokyo, Japan. Initially, 30 specialists from Sony and Qimonda will focus on high-performance, low power, embedded and customer specific DRAMs for consumer and graphic applications. If all goes well, operations will begin before the end of 2007, with intentions to "substantially expand" capacities.