Again, Toshiba Get Sandisk As Their Partnership

Toshiba announced that it has acquired 30 percent shares Sandisk, manufacturer of NAND flash memory, the price of U.S. $ 1 billion.Toshiba is interested to buy the entire stock Sandisk, at least after Samsung offer the same to the Sandisk. This Toshiba purchase will make the manufacturer can increase the production capacity of NAND flash memory more quickly with low investment costs.Previously, Toshiba and Sandisk have make cooperation to develop the 300 millimeter wafer and this Toshiba purchase will make them the largest NAND flash memory manufacturer.Beside Toshiba, there are two other companies from Japan who also has shares in Sandisk, but this new agreement to make Toshiba a 30 percent owner of the production capacity of Sandisk, and the remaining 70 percent will be shared equally with the other shareholders. Toshiba hopes, this acquisition will increase their sales, especially with the rapidly growing demand for flash memory Mp3 Player, Phone cell and digital camera.The beginning of the year 2008, Samsung Sandisk has bid U.S. $ 5.85 billion and unfortunately rejected raw by Sandisk. According to Sandisk, the offer made is too small, and due to this rejection, Samsung has failed to become the largest manufacturer of NAND Flash in the world.