Toshiba, SanDisk confirm plans for $5.2 billion NAND plant

Iria · Aug 4, 2006, 06:25 PM

Source: News.com
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Toshiba and SanDisk will invest a total of about $5.2 billion to build a new flash memory plant in Japan to meet ballooning demand, Toshiba said on Friday.

Ramping up capacity and driving down production costs is imperative for Toshiba and SanDisk--partners in NAND-type flash memory chip production--to take on larger rival Samsung Electronics.

Demand for NAND flash memory chips is expanding rapidly, as their ability to retain data after power is shut off makes them an ideal storage device for Apple Computer's iPod and a wide range of other portable electronics.

Aug 4, 2006, 06:25 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Toshiba, SanDisk confirm plans for $5.2 billion NAND plant Source: News.com __________ Toshiba and SanDisk will invest a total of about $5.2 billion to build a new flash memory plant in Japan to meet ballooning demand, Toshiba said on Friday. Ramping up capacity and driving down production costs is imperative for Toshiba and SanDisk--partners in NAND-type flash memory chip production--to take on larger rival Samsung Electronics. Demand for NAND flash memory chips is expanding rapidly, as their ability to retain data after power is shut off makes them an ideal storage device for Apple Computer's iPod and a wide range of other portable electronics.