Fujio Masuoka’s Underpaid Flash Invention

Japanese engineer Fujio Masuoka invented NOR and NAND flash memory while working at Toshiba, creating the nonvolatile storage technology that is widely used in microprocessors today. Instead of a major payout, the company gave him only a few hundred dollars as a bonus and even tried to demote him. Meanwhile, Intel made billions of dollars in sales on related flash memory technology.

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