Toshiba, SanDisk updates NAND fab joint venture

SanDisk Company and Toshiba announce they have already constructed their fab and taken risks again.
As a part of the agreement, the capacity of more than 20% joint venture will be transferred to Toshiba. On the basis of the current exchange rate, the total value of SanDisk is about 80 billion Japanese yen or about 890 million dollars.

Compared with before, those conditions are a little different. Last year, SanDisk and Toshiba participate in a memorandum of understanding with engagement and sell and give probably 30% of current NAND fab ability of the joint venture of the party Toshiba.

There are various 300 millimetres of fabs in the Japanese management of YOKKAICHI in Toshiba in SanDisk – Toshiba joint venture. Fabs is 50% that SanDisk has Toshiba and 50%. Fab 3 and Fab 4 managed in YOKKAICHI of Toshiba is known as flashing partner limited company and glimmer in alliance Co., Ltd. at present

SanDisk and Toshiba will be that the ability keep keeping the equal partner in the joint venture. It last property SanDisk buy it for ability from Toshiba right to choose about one of a portion last factory foundation and keep if choosing, continue in Fab 3 and Fab 4 Invest in up to 50 4% and expand in Fab of future and technological transition.

In addition, having a get-together will continue their existing common technological development in advanced NAND, 3 D reads / writes the memory.

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