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SanDisk reports $1.8 billion loss amid demand slump

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Old Feb 3, 2009, 05:30 AM   #1
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SanDisk reports $1.8 billion loss amid demand slump
SanDisk reported a net loss of $1.86 billion as it takes steps to reduce output and conserve cash, amid a collapsing flash memory chip market and weak consumer demand.
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