Samsung Electronics and Toshiba announced today that they have signed a cross-license deal to produce, market and sell memory with the specifications and trademarks of Samsung's OneNAND and Toshiba's LBA-NAND memory chips. The arrangement is expected to result in increased availability of premium-performance OneNAND and LBA-NAND flash devices worldwide. Under the terms of the agreement, Samsung will license product specifications of its integrated OneNAND and Flex-OneNAND "fusion" memory chips to Toshiba, while Toshiba will license product specifications of its single-package LBA-NAND and mobileLBA-NAND flash chips to Samsung. Both companies will develop and market products that are compatible with the respective original-source technology. Samsung and Toshiba each plan to release products next year based on the respectively licensed product specifications, according to the companies.