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@ 2009/01/30SanDisk on Thursday said that it had signed a definitive agreement with Toshiba to restructure the Flash manufacturing joint ventures operating at the 300mm Fab 3 and Fab 4. The result of the agreement will be basic SanDisk’s transition to fabless flash-based products manufacturing,
As part of the agreement, more than 20% of the joint-ventures’ capacity will be transferred to Toshiba. Back in October, 2008, Toshiba virtually gained control over 30% of the joint ventures’ (by signing memorandum of understanding), which means that now the Japanese electronics conglomerate controls all the flash capacities the belonged to joint ventures between SanDisk and Toshiba.
As part of the agreement, more than 20% of the joint-ventures’ capacity will be transferred to Toshiba. Back in October, 2008, Toshiba virtually gained control over 30% of the joint ventures’ (by signing memorandum of understanding), which means that now the Japanese electronics conglomerate controls all the flash capacities the belonged to joint ventures between SanDisk and Toshiba.
