Lexar, now owned by Longsys, has announced a new microSD memory card that is not only very affordable but also states 120 MB/s write and 160 MB/s read speeds despite only being UHS-I.
After shuttering its Lexar memory card business in June 2017, Micron sold the brand just 3 months later to the Chinese flash storage company Longsys and now Lexar cards are back from the grave. But Lexar is still waiting for US government approval, and the brand's warranty process is at a standstill because of it.
Back in June 2017, Micron announced that it would be discontinuing its entire Lexar removable storage business that included memory cards, readers, flash drives, storage drives, and more. A few months later, the Chinese company Longsys swooped in and acquired the brand. Longsys now says that Lexar will be returning from the grave.
After the shocking news in June that Lexar would be discontinuing its memory card line, the company was acquired by a Chinese flash storage company called Longsys in September. It now seems that Lexar will continue producing XQD memory cards.