Intel dumps current polymer memory plans

Norwegian firm Opticom issued a regulatory notice saying that its subsidiary, Thin Film Electronics, has had a formal letter from Intel.

It told Opticom that its development plans for polymer memory are "being significantly scaled back" during this quarter.

Opticom said that the chip giant has concluded that polymer material is unsuitable for using in products Intel might have made.

Intel still has an agreement with Opticom, but the directors say they're not expecting royalty payments any time soon. In fact, they say, "not at all, unless the technical situation changes". µ

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