GENEVA and SANTA CLARA, Calif., Dec. 5, 2005 €“ STMicroelectronics and Intel Corporation today announced a common flash memory subsystem to lower development costs for handset OEMs and enable them to get to market faster with feature-rich phones. In an effort to simplify handset memory design, the two companies will provide hardware- and software-compatible memory products based on common specifications. As a result, cell phone makers should see shorter development times and lower costs and will be able...