On Thursday, Shares of Micron Technology, Inc. (NASDAQ:MU), lost -0.67% to $25.02.
On June 2, Micron Technology, declared a new addition to its expansive portfolio of flash storage products, providing a purpose-built solution for cost-sensitive consumer applications seeking high performance and reliability. The new TLC NAND is built on their 16-nanometer (nm) process and delivers a balanced set of features for applications like USB drives and consumer solid state drives. The market appetite for TLC is projected to be strong throughout 2015, constituting almost half of the total NAND gigabytes shipped.
Micron`s 16nm process-recognized by TechInsights as the Most Innovative Memory Device and 2014 Semiconductor of the Year-is a mature and proven storage technology, making it an excellent foundation for a reliable TLC design. TLC, or triple-level cell, is a technology that fits three bits in every flash data cell, creating greater cost and size efficiency.
Customers of the technology will benefit from Micron`s extensive design support team, who act as trusted advisors to ensure smooth qualification and optimal end-solution performance. Key flash customers and ecosystem partners worldwide have already begun working to integrate this new NAND with their latest designs, ensuring quick adoption in end applications.
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.
Shares of Kinross Gold Corporation (NYSE:KGC), declined -3.88% to $2.48, during its last trading session, as Gold prices fell on Thursday, snapping three days of gains, as European stocks rallied and the dollar strengthened ahead of key US economic data.
Prices remain under pressure in the longer term from expectations for a Federal Reserve rate hike this year, the first in nearly a decade. Rising US rates lift the opportunity cost of holding non-yielding gold, and benefit the dollar.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores.
Finally, Qihoo 360 Technology Co. Ltd. (NYSE:QIHU), ended its last trade with 4.45% gain, and closed at $65.95.
On May 21, Qihoo 360 Technology have formed a planned partnership to promote the adoption of smart home and security technologies in China’s real-estate market.
Under the agreement, Qihoo 360 will design and provide intelligent home security products and administration systems for Huayuan’s real-estate developments. These will comprise intelligent surveillance cameras, security routers, location- and health-tracking wearables, electrical appliance safety alarms, intelligent gas and fire alarms, and other devices to assist Huayuan improve and optimize existing security systems and establish new intelligent home security administration systems.
“Qihoo 360’s flagship products have historically been focused on protecting PCs and cell phones,” said Hongyi Zhou, Qihoo 360 CEO. “Through this partnership with Huayuan, Qihoo 360 is not only able to offer useful tools, but a sense of security, which paired with our software can connect every user, every family and office together. This partnership is just the startning for Qihoo 360 in the smart home technologies and IoT market.”
Qihoo 360 Technology Co. Ltd., through its auxiliaries, provides Internet services in the People’s Republic of China. The company operates through Internet Services and Others segments. It offers various Internet security products, counting 360 Safe Guard, a one-stop solution for PC Internet security and system optimization; 360 Anti-Virus, an anti-virus application that uses multiple scan engines to protect userscomputers against various kinds of malware; and 360 Mobile Safe, a security program for the Google Android, Apple iOS, and Windows Phone smartphone operating systems.
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