Micron Technology Steps Up Its 5G Game
The arrival of 5G (fifth-generation) wireless networks is going to be a huge catalyst for Micron Technology's (NASDAQ: MU) mobile business, as the memory capacities of smartphones running on the next-generation network are expected to increase substantially.
The memory specialist sees a sharp increase in mobile dynamic random access memory (DRAM) and NAND flash storage across different smartphone tiers thanks to the huge data volumes generated by 5G networks and evolving technology. Entry-level smartphones are already rocking 48-megapixel cameras nowadays -- which demand more storage -- while DRAM usage has shot up thanks to resource-intensive applications like games.
Micron Technology has set its sights on this opportunity. It started sampling what it claimed to be an industry-first multichip package (MCP) combining fast flash storage with low-power DDR5 (LPDDR5) DRAM, which promises much faster data access speed with increased power efficiency. And now the chipmaker is all set to begin mass production of the multichip package. Let's see why this could be a big deal for Micron.
Source Fool.com
