ScaleFlux Lowers Total Cost of Ownership for Flash Storage to Less Than One Cent per Gigabyte per Year with Micron QLC
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: GlobeNewswire
SAN JOSE, Calif., May 26, 2021 (GLOBE NEWSWIRE) -- ScaleFlux, Inc., the leader in deploying Computational Storage at scale, today announced it has expanded its Computational Storage Drive (CSD) portfolio to include quad-level cell (QLC) NAND Flash storage from Micron Technology, Inc. (Nasdaq: MU). These new QLC drives — with integrated and transparent compression — dramatically improve the affordability of Flash storage, reducing costs to less than $0.01 per gigabyte per year. Rapidly-growing Flash storage capacity stretches IT budgets, and QLC is attractive for delivering on average 15-20% lower price than its triple-level cell (TLC) equivalent. However, the tradeoffs when it comes to cost, performance, and endurance have limited the overall adoption of QLC in the data center and enterprise markets. By adding Micron QLC to the Data Scale Edition of ScaleFlux’s CSD product line, ScaleFlux is eliminating the performance and endurance tradeoffs, enabling customers to adopt QLC and a
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MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- 4/19/24 - Form 8-K
- MU's page on the SEC website