AAPL Stock: 110.81 ( + 0.43 )

Printed from

Toshiba joins Samsung in SanDisk bid

updated 04:20 pm EDT, Tue September 16, 2008

Toshiba to buy SanDisk?

Earlier this month, a report had Samsung interested in buying portable flash memory maker SanDisk, and today's rumors have another suitor considering making a bid for the company. A newswire reports Toshiba is the latest interested party, and is only considering a bid in order to prevent competitor Samsung from taking over SanDisk, thus creating a near monopoly as the sole supplier of NAND flash memory devices, components and subsystems.

SanDisk and Toshiba are partners since 2004 when it comes to NAND memory, with the former holding a 49.9 percent stake in Flash Partners Ltd., and the latter the remaining 50.1 percent. The same split of Flash Alliance Ltd. exists, which opened in 2006. Both joint ventures produce NAND chips. A third joint has been inked, with the factory expected to open in 2010.

Samsung and Toshiba are two and key suppliers of flash memory for cellphones, PCs and portable media players, including Apple's iPods and iPhones.

by MacNN Staff





Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Polk Hinge Wireless headphones

Polk, a company well-established in the audio market, recently released a new set of headphones aimed at the lifestyle market. The Hin ...

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...


Most Commented