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Palmchip Corp. last week announced the launch of Palmchip Semiconductor Inc. The new company will manufacture system-on-chip silicon for wireless storage applications.
Palmchip CEO Jauher Zaidi said the company will deliver wireless NAS-on-a chip systems for around $200 for 300GB. Palmchip will be able to provide the chip, reference design and software to hard-drive vendors that would market the product.
Read the full story at Byte and Switch