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Silicon Storage Technology

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Silicon Storage Technology Inc.
Company typeSubsidiary
FoundedAugust 1989
FounderBing Yeh
Headquarters,
United States
Key people
Bing Yeh
ProductsFlash memory
Number of employees
715
ParentMicrochip Technology
Websitewww.sst.com

Silicon Storage Technology, Inc. (SST) is a Sunnyvale, California, USA, technology company producing non-volatile memory devices and related products.[1][2] It was founded by Bing Yeh in 1989.[3] SST supplies of NOR flash and other integrated circuits addressing the requirements of high-volume applications.[4]

History

Bing Yeh and a team of engineers developed a non-volatile memory technology company called "SuperFlash" for code or data storage in electronic systems and embedded memory for integrated logic circuits.

Non-volatile memory devices retain data without a continuous supply of power. Virtually every microprocessor or microcontroller-based electronic system requires non-volatile memory to store a basic instruction set critical to the operation of the system. Prior to 1989, read-only memory (ROM), UV-light erasable PROM (EPROM), electrically erasable PROM (EEPROM), and the then-emerging flash memory created a succession of increasingly useful non-volatile memory products for this purpose. However, these products lacked important features, or were too expensive, for some desirable applications.

At the 1992 Fall COMDEX show, SST introduced the first single-board 30 MB 2.5” solid-state drive with standard hard-disk ATA interface and a 5 MB PC Card memory card with built-in controller and firmware. At that time, the company deemed there to be an inadequate market for the devices, and focused on the memory component business.[5]

In 1993, SST moved its headquarters to Sunnyvale. That same year, SST introduced its first SuperFlash technology products, with lower costs and faster write speeds. By the end of 1995, more than 90% of the PC motherboards produced in Taiwan had adopted SST's 1 Mbit SuperFlash EEPROM product for the BIOS storage.[citation needed] The company had its initial public offering November 21, 1995, trading on the NASDAQ market under the symbol SSTI.[6]

During the next 10 years, SST introduced low- to medium density memory products and expanded their applications beyond PCs. In 2004, SST began to diversify beyond flash memory products, targeting consumer and industrial products with embedded solid-state data storage and RF wireless communication.[7] In September 2004 SST purchased a majority stake in Emosyn, which designed products for SIM cards. In October it announced the acquisition of G-Plus, based in Santa Monica, California.[7]

By the end of 2006, SST and its licensees had shipped more than seven billion integrated circuits based on SuperFlash technology.[citation needed]

In 2010, SST was acquired by Microchip Technology,[8] which sold several SST flash memory assets to Greenliant Systems in May that year.[9]

References

  1. ^ Christensen, Clayton M. (1997). The innovator's dilemma: when new technologies cause great firms to fail. Boston, Mass.: Harvard Business School Press. p. 50. ISBN 978-0-87584-585-2.
  2. ^ "SST Reports Second Quarter 2009 Financial Results". Press release. Silicon Storage Technology. July 28, 2009. Archived from the original on August 8, 2009. Retrieved October 1, 2013. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  3. ^ Saxenian, AnnaLee (1999). Silicon Valley's new immigrant entrepreneurs. San Francisco: Public Policy Institute of California. p. 92. ISBN 978-1-58213-009-5.
  4. ^ "Silicon Storage Technology". StorageSearch.com. Retrieved 2011-04-04.
  5. ^ "Pioneers of the Digital Revolution". Goldsea Asian American Daily. 2006. Retrieved 2011-04-04.
  6. ^ "Annual report for the Year ending December 31, 1996". Form 10K. US Securities and Exchange Commission. March 27, 1997. Retrieved October 1, 2013.
  7. ^ a b "SST 2004 Annual Report" (PDF). SST. April 22, 2005. Archived from the original (PDF) on August 1, 2012. Retrieved October 1, 2013. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  8. ^ "Microchip completes SST acquisition". EE Times. April 8, 2010. Retrieved 2011-04-04.
  9. ^ Maleval, Jean-Jacques (May 27, 2010). "Greenliant Acquires Assets of Microchip". StorageNewsletter.com. Retrieved 2011-04-14.