In the quarter, NAND Flash revenues were down 12% sequentially on an 11% drop in sales volume, a drop the company blamed on a one-time increase in volume in Q3 from the sale of work in process inventories resulting from the restructuring of the IM Flash joint venture with Intel.

FORBES: Connect

Despite generating just a fraction of Intel's sales, Intel's NAND flash memory business--a joint venture with Micron--will weigh on Intel's first-quarter profits, thanks to a worldwide glut of NAND memory (see "Memory Problems For Intel").

FORBES: Gone In A Flash

Considering that Toshiba, Seagate and Western Digital are all in the SSD business I expect to see more interaction and joint development of HDD and flash products in future industry offerings.

FORBES: Toshiba Makes Strategic Partnerships In Order to Compete in Hard Disk Drives

The main camera on the Focus S is an 8 megapixel joint with a lone LED performing flash duties.

ENGADGET: Samsung Focus S review Mobile

In 1999 former Micron executive Tyler Lowry formed a joint venture with ECD called Ovonyx to make memory that, like flash, doesn't lose data when it loses power.

FORBES: Magazine Article