toggle

AAPL Stock: 110.37 ( -1.97 )

Printed from http://www.macnn.com

SanDisk, Toshiba to cut Flash NAND memory by 30%

updated 04:55 pm EST, Tue December 16, 2008

SanDisk, Toshiba Flash

Toshiba and manufacturing partner SanDisk on Tuesday announced they will cut production of NAND flash memory by 30 percent starting in January due to the global economic slowdown. With more production than there is demand, prices for the semiconductors have shrunk, with Toshiba's earnings suffering in the first half of the fiscal year. Before prices go back up, however, inventories need to be cleared out, investors say; the process is expected to prove difficult as demand is weak. Toshiba is not clear on how long the production cuts will last, or how they will affect its workforce.

The joint Toshiba and SanDisk venture operates two NAND plants in Japan that are capable of producing 260,000 300mm silicon wafers per month. Toshiba operates two factories that produce more complex 200mm wafers on its own. The world's second-biggest flash memory maker will also hold production of the 300mm wafers for 13 days starting on December 31st, which is a first for the company.

Toshiba supplies flash memory chips to Apple for its products, including iPods and iPhones and, together with SanDisk, other computer or personal electronics manufacturers as well.




by MacNN Staff

toggle

Comments

Login Here

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

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

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 ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

toggle

Most Commented