Everspin announced that it has entered into a multi-year partnership with Malaysia-based SilTerra and to establish a Toggle MRAM production center in Malaysia. Bosch Sensortec, a licensee of Everspin's TMR sensor IP is also a part of this agreement.
SilTerra and Everspin's new Malaysian production center will start initial production in 2020. Everspin says that it is seeing growing demand for its Toggle MRAM products in the industrial, computing, medical, and transportation markets. Everspin will continue to produce Toggle MRAM and TMR sensor products at its own manufacturing line in Chandler, AZ, USA.