Several days ago two leaders in memory manufacturing announced a partnership in development of solid state memory hard drives. PQI (Power Quotient Int’l) and TDK will be holding hands all the way to the bank.

The new company will

focus on storage solutions for industrial and commercial use PCs/Systems. Its initial capital is for PQI 40% and TDK 60%.

The specific terms of the agreement are confidential. As long-term partners, TDK and PQI have always provided excellent and quality industrial solutions to customers around the globe.

To further strengthen this relationship, TDK seeks to comprehend their patented technologies as their competitive advantages. PQI, on the other hand, will utilize their industrial storage research & development with their channel and sales capabilities to expand SSD from industrial to commercial use.