ExtremeTech reports: "On Monday, the world's leading producer of microprocessors announced it will be entering the hard drive market with new solid-state drives based on NAND flash memory. ... According to Intel, the Z-U130 value solid-state drive (VSSD) will feature standard USB interfaces and offer storage for a wide variety of computing and embedded platforms."
Sandisk was the first to announce this type of drive being commercially. Although, the more competition in the area means higher capacity drives for a lower cost.