"Philips Electronics is the latest major consumer electronics maker to license Sony's Memory Stick technology, which continues to gain support from large manufacturers and expand its potential for wider distribution.
Philips announced Tuesday it is licensing Memory Stick technology for use with its Nexperia chips, which are used in consumer products such as DVD players, cell phones and other handheld devices. Nexperia-based products with Memory Stick technology will be available in the second quarter of next year, according to Philips. Terms of the agreement were not disclosed. "
CNET News.com - Sony's Memory Stick beats at rivals
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