Friday, September 5th 2008
Samsung Interested in Possible SanDisk Acquisition?
Samsung Electronics, the world's largest maker of flash memory chips, said today that it is considering an acquisition of SanDisk Corp.
Source:
Indiatimes
We are considering various opportunities regarding SanDisk but nothing has been decided,said James Chung, a spokesman at Suwon, South Korea-based Samsung. Possible acquiring of SanDisk would help Samsung save about 400 billion won ($355 million) in royalties annually, it has been reported.
It would have a significant impact on the supply and demand in the flash memory industry, ... Samsung could create additional demand from SanDisk's customers.said Lee Sun Tae, an independent analyst at Meritz Securities Co in Seoul. On the other side, Mike Wong - SanDisk's official spokesman said that SanDisk is not aware of Samsung being interested in any acquisition. Expect more information, when there's any.
9 Comments on Samsung Interested in Possible SanDisk Acquisition?
Samsung make a ton of things & having another memory manufacturer such as Sandisk who excell at make portable/removable storage media for digi cams & mp3 players etc etc will benefit both Samsung & Sandisk greatly as both brands make MP3 players
not that Samsung actually needs the extra help with memory manufacturer.
Samsung makes, the little ram chips, TVs, Digi cams, MP3 players. moble phones. TFT monitor screens, laptops & maybe a few more items. is the anything Samsung doesnt do???