AMD and Fujitsu have embarked on a new line of advanced Flash memory to address an explosion of consumer electronics products, the companies said Tuesday.

The collaboration comes from AMD's Spansion subsidiary, which is producing an entirely new Flash memory family based on the Serial Peripheral Interface (SPI), an emerging serial communication standard with a projected growth rate of $500 million in 2005 to more than $1 billion in 2007, according to market analysts with Web-Feet Research.

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