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Samsung to plug in Sony's Memory Stick

Consumer electronics giant Samsung announced on Thursday its plans to develop products that use Sony's flash-memory format, Memory Stick. The two companies have not yet signed an agreement, but one is expected soon.
Written by ZDNET Editors, Contributor
Consumer electronics giant Samsung announced on Thursday its plans to develop products that use Sony's flash-memory format, Memory Stick.

The two companies have not yet signed an agreement, but one is expected soon. Neither company would discuss further details about the pact.

"This is potentially a significant win if Memory Stick can get deep enough into Samsung's product line," IDC analyst Bryan Ma said.

Memory Stick cards are the size of a stick of gum and are used to store data in consumer devices, such as digital cameras and digital-audio players. Samsung was already one of 167 licensees of the Memory Stick, which was introduced in fall 1998. But until now, Samsung had not officially indicated it would manufacture products supporting Memory Stick. --Richard Shim, ZDNet News

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