News
 

Bookmark and Share

(0) 

Toshiba Corp., the world’s second largest producer of flash memory, may acquire SanDisk Corp., a leading supplier of flash-based products and also one of Toshiba’s largest customers. The Japanese electronic conglomerate may be the third company, after Samsung Electronics and Seagate Technologies, who may be interested in assets of SanDisk.

“We need to take preventive steps, if (SanDisk) looks like it will be acquired,” said Shozo Saito, corporate senior vice president on the sidelines of the Industry Strategy and Technology Forum on Tuesday, reports Reuters news-agency. Mr. Saito said that although Toshiba was interested in a combination with SanDisk, there were no concrete negotiations between the two companies.

Earlier on Tuesday SanDisk rejected hostile bid of Samsung Electronics, which proposed to take over the flash products vendor for $5.85 billion.

Samsung and Toshiba are the world’s largest makers of flash memory, who command over one half of the market. Samsung commands roughly 30%, whereas Toshiba has about 20% based on figures by iSuppli market research firm. Late in 2007 the two companies agreed to license packaging and interface technologies for flash products of each other. The pact allows them to support their largest customers in terms of supply when needed to maintain dominant positions on the market.

Under terms of the agreement, Samsung licensed product specifications of its integrated OneNAND and Flex-OneNAND “fusion” memory chips to Toshiba, while Toshiba licensed product specifications of its single-package LBA-NAND and mobileLBA-NAND flash chips to Samsung.

Given that Samsung and Toshiba already work closely with each other, acquisition of SanDisk by any of them would create a truly formidable force on the market of flash-based products that could completely reshape the whole market.

Tags: Toshiba, SanDisk, Samsung, Business

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Thursday, November 6, 2014

6:48 am | LG’s Unique Ultra-Wide Curved 34” Display Finally Hits the Market. LG 34UC97 Available in the U.S. and the U.K.

Wednesday, October 8, 2014

8:52 pm | Lisa Su Appointed as New CEO of Advanced Micro Devices. Rory Read Steps Down, Lisa Su Becomes New CEO of AMD

Thursday, August 28, 2014

12:22 pm | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

9:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

6:41 pm | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture