SanDisk Corporation, a global leader in flash storage solutions, today launched its 512 GB SanDisk Extreme PRO SDXC UHS-I memory card, the world's highest capacity SD card on the market. The new offering is designed to meet the demands of industry professionals who require the most advanced gear available for shooting 4K Ultra High Definition (3840x2160p) video, Full HD video (1920x1080) and high-speed burst mode photography.

"As an industry leader, SanDisk continues to push the boundaries of technology to provide customers with the innovative, reliable, high-performance solutions they have come to expect from us," said Dinesh Bahal, vice president, product marketing, SanDisk. "4K Ultra HD is an example of a technology that is pushing us to develop new storage solutions capable of handling massive file sizes. The 512 GB SanDisk Extreme PRO SDXC UHS-I card is a tremendous advancement that enables professionals to reliably store more content on a single card than ever before."

Toshiba Corporation and SanDisk Corporation today celebrated the opening of the second phase of the No. 5 semiconductor fabrication facility (Fab 5) and the start of construction of the new No. 2 fabrication facility (Fab 2) at Yokkaichi Operations, Toshiba's NAND Flash memory plant in Mie prefecture, Japan.

Toshiba started construction of the second phase of Fab 5 in August 2013, and Toshiba and SanDisk have overseen installation of production equipment in the expanded facility since July this year. Production in phase 2 began at the start of this month, with 15 nm NAND flash memory process technology, the world's smallest and most advanced node. Toshiba and SanDisk announced deployment of this jointly developed 15 nm NAND flash process in April this year, with initial production in part of Fab 5 phase 1, and now target conversion of the remaining capacity in phase 1 to the new process technology.

SanDisk Corporation, a global leader in flash memory storage solutions, today announced that SanDisk DAS Cache software will be offered by Dell for use in its next generation Dell PowerEdge servers with direct-attached storage (DAS). This all-software solution will allow customers to benefit from the high performance of solid state drives (SSDs), while maintaining data on direct-attached, disk-based storage. SanDisk DAS Cache software works with SSDs from any manufacturer, empowering customers to select the SSD capacity and performance that is appropriate to their data center needs.

"We have been working very closely with Dell to provide a complete solution for their customers that provides the performance and cost benefits of solid-state storage technology," said John Scaramuzzo, senior vice president and general manager, Enterprise Storage Solutions, SanDisk. "Combining innovations in both hardware and software enables customers to realize the full potential of enterprise storage solutions. We are excited that Dell is able to offer the benefits of our SanDisk DAS Cache software to customers with its new PowerEdge servers."

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash storage solutions, today announced broad support for VMware Horizon 6 and Virtual SAN with a series of virtual desktop infrastructure (VDI) and end-user computing (EUC) solutions for Horizon 6, utilizing the award-winning ULLtraDIMM solid state drive (SSD) and Fusion ioMemory.

When coupled with VMware's Horizon 6, ULLtraDIMM and Fusion ioMemory allow customers to deploy high-performance, cost-effective virtual desktop infrastructure solutions and increase virtual desktop density. Additionally, through the combination of solid-state hardware and software technology, SanDisk enables enterprise organizations to select the right deployment option for their environment, providing greater flexibility and reducing barriers to adoption.

SanDisk Corporation, a global leader in flash storage solutions, today announced the new SanDisk Ultra II SSD with enhanced SSD Dashboard. The new drive is designed to deliver a cost-effective and easy upgrade solution for PC owners looking to improve performance, battery life, and power efficiency. The enhanced SSD Dashboard provides visibility into the drive's performance, security, and available firmware updates, to maintain peak performance at all times.

"We live in an era where we expect to have information at our fingertips anytime, anywhere, with technology that keeps us connected to both our personal and work lives on devices that won't fail," said Dinesh Bahal, vice president of retail product marketing at SanDisk. "The new SanDisk Ultra II SSD, together with the improved SSD Dashboard, provides consumers with an easy, affordable way to ensure that their PC can keep pace with their increasingly connected, information-driven lifestyle."

SanDisk Corporation, a global leader in flash storage solutions, today announced the release of the high-speed SanDisk Ultra Fit USB 3.0 Flash Drive that delivers exceptional performance in a tiny form factor, while providing expanded storage for PCs and other devices. Media enthusiasts can now transfer a full-length movie in 40 seconds, enjoy transfer speeds up to ten times faster than standard USB 2.0 drives and be confident the streamlined USB will offer reliable storage in minimal space.

"As a leader in the flash storage space, our goal has always been to deliver the best, most reliable products," said Philippe Willams, director of product marketing, SanDisk. "While there are other USB 3.0 products on the market, SanDisk's Ultra Fit USB 3.0 Flash Drive offers consumers superior performance and impressive capacity in an extremely compact design."

SanDisk Corporation, a global leader in flash storage solutions, and Super Micro Computer, Inc., today announced that the SanDisk ULLtraDIMM solid state drive (SSD), the industry's first enterprise-class, ultra-low latency, memory-channel connected storage solution, will begin shipping in Supermicro's Green SuperServer and SuperStorage platforms. Adding flash storage on the memory bus provides Supermicro with a powerful solution to help customers address growing data center application performance requirements without a significant infrastructure investment.

"The ULLtraDIMM SSD was designed to expand the reach of flash storage throughout the data center and scale to meet the requirements of any enterprise application - no matter how bandwidth or capacity intensive," said John Scaramuzzo, senior vice president and general manager, Enterprise Storage Solutions at SanDisk. "We are very excited to partner with Supermicro in offering this innovative, ultra-low latency storage solution to help their customers accelerate the performance of their cloud, virtualization, HPC and other applications and experience the benefits of a flash-transformed data center."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io, a leading developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. "I am delighted to welcome the employees of Fusion-io to SanDisk. The tremendous engineering and go-to-market talent of the Fusion-io team will accelerate our efforts to enable the flash-transformed data center," said Sanjay Mehrotra, president and chief executive officer of SanDisk. "Together we will offer our customers the broadest set of enterprise flash solutions in the industry."

Under the terms of the agreement, SanDisk completed the acquisition for $11.25 per share for the outstanding shares of Fusion-io, and assumed unvested, in-the-money equity awards, for a total aggregate value of approximately $1.1 billion, net of cash assumed. SanDisk's third quarter financial results will include the results of Fusion-io from July 23, 2014 through September 28, 2014. SanDisk expects to exclusively use non-captive memory for the Fusion-io business for at least the next several quarters.

SanDisk Corporation, a global leader in flash storage solutions, today announced results for the second quarter ended June 29, 2014. Second quarter revenue of $1.63 billion increased 11 percent on a year-over-year basis and increased 8 percent sequentially.

On a GAAP basis, second quarter net income was $274 million, or $1.14 per share, compared to net income of $262 million, or $1.06 per share, in the second quarter of fiscal 2013 and $269 million, or $1.14 per share, in the first quarter of fiscal 2014.

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced a definitive agreement to acquire Fusion-io (NYSE: FIO), a leading developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. The acquisition will be an all-cash transaction valued at approximately $1.1 billion, net of cash assumed.

"Fusion-io will accelerate our efforts to enable the flash-transformed data center, helping companies better manage increasingly heavy data workloads at a lower total cost of ownership," said Sanjay Mehrotra, SanDisk president and CEO. "Customers will benefit from the addition of Fusion-io's leading PCIe solutions to SanDisk's vertically integrated business model. We look forward to working with the world-class engineering and go-to-market teams from Fusion-io to provide high-value solutions to customers around the world."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced the availability of its new SanDisk Extreme PRO SSD-a drive designed for gamers, PC enthusiasts and media professionals who demand the highest possible consistent, real-world performance. With sequential read speeds of 550 megabytes/second (MB/S) and write speeds of up to 520 MB/s, the SanDisk Extreme PRO loads and runs graphics-intensive applications and game levels in a heartbeat. Additionally, by offering up to 1TB-Class of capacity, the SanDisk Extreme PRO SSD provides the space needed to store even the biggest programs, games or files, and load them blazingly fast-transforming any PC or console into a serious gaming machine.

"Building off the success of our award-winning SanDisk Extreme II, the new SanDisk Extreme PRO leverages the latest developments in our innovative nCache Pro Technology to enable 24x7, real-world drive performance and responsiveness," said Kevin Conley, senior vice president and general manager, Client Storage Solutions at SanDisk. "With its ability to deliver consistently fast computing backed by the industry's first 10-year limited warranty**, the Extreme PRO SSD delivers the performance, trusted reliability and value that enthusiasts and professionals expect from SanDisk."

SanDisk Corporation, a global leader in flash storage solutions, today announced the iNAND Standard embedded flash drive (EFD), an ideal storage solution for entry-level tablets and smartphones in China and other high-growth markets. The new 1Y nanometer 3-bit-per-cell (X3) NAND flash storage solution enables original equipment manufacturers (OEMs) to quickly introduce new, affordable tablets and smartphones with the reliable performance of SanDisk storage.

"China is the most dynamic smartphone and tablet market today, with state-of-the-art high-end smartphones and new powerful, but affordable, 'entry-level' devices," said Mr. Drew Henry, senior vice president and general manager, Mobile and Connected Solutions, SanDisk. "We leveraged our flash technology expertise to specifically design our new iNAND Standard for the high-volume China budget mobile device market. Because we work closely with mobile systems providers, it offers near plug-and-play capability that enables OEMs to rapidly introduce highly capable entry-level tablets and smartphones that are optimal for the China mass market."

Intermolecular, Inc. - accelerating research and development for semiconductor and clean energy industries - today announced that SanDisk and Toshiba have jointly elected to take an exclusive license, in a limited field, to Intermolecular's rights in the intellectual property developed under the collaborative development program (CDP) and Intermolecular's background intellectual property thereto. The related technologies have been developed for next-generation memory.

The companies' CDP with Intermolecular, specifically aimed at developing certain memory products, materials, processes and device technologies, was concluded on March 15, 2014. Under the terms of the exclusive license, SanDisk and Toshiba will prepay non-refundable royalties in quarterly installments over a predetermined period.

SanDisk Corporation, a global leader in flash storage solutions, today announced the availability of the company's first, self-encrypting solid state drive (SSD) - the SanDisk X300s SSD. Leveraging TCG Opal 2.0 and Microsoft Encrypted Hard Drive hardware-based encryption, coupled with a new SSD administration dashboard for easier audit and compliance management, the new X300s SSD delivers maximum data protection and performance to help address IT decision makers' top data management and security challenges. In making today's announcement, SanDisk also unveiled a broad ecosystem of independent software vendors (ISV) that enables enhanced security scalability of the X300s SSD.

SanDisk Corporation, a global leader in flash storage solutions, today announced the Optimus MAX Serial Attached SCSI (SAS) solid state drive (SSD), the industry's first 4 TB SAS SSD. The Optimus MAX SSD achieves a capacity point that far outpaces today's highest-capacity 2.5" 10K and 15K rpm SAS hard-disk drives (HDDs), making it the first true replacement for legacy mission-critical data center SAS HDDs. Most notably, the Optimus MAX SSD delivers SAS performance and functionality at a breakthrough price point that was previously only available in SATA-based SSDs.

The Optimus MAX SSD tops the newly refreshed Optimus SAS SSD family and also joins the company's newly announced Lightning Gen. II 12 Gb/s SAS SSDs, extending SanDisk's entire SAS portfolio to cover the performance, capacity and endurance needs of a wide array of enterprise applications.

SanDisk Corporation, a global leader in flash storage solutions, today announced the Lightning Gen. II family of enterprise-class 12 Gb/s Serial Attached SCSI (SAS) solid state drives (SSDs). The Lightning Gen. II 12 Gb/s SAS SSDs, together with the newly announced Optimus MAX 4 TB SAS SSD and updated Optimus SSD product family, help businesses meet the performance, uptime and capacity requirements across the wide range of mixed-use, read- and write-intensive application workloads common in today's data centers.

"Business data needs are becoming so performance-intensive that even applications that are already using SSDs need an additional boost," said John Scaramuzzo, Senior Vice President and General Manager, Enterprise Storage Solutions at SanDisk. "The Lightning Gen. II SAS SSDs deliver double the throughput to each slot, empowering organizations to quickly and easily scale their performance infrastructure to meet this growing need."

SanDisk Corporation, a global leader in flash storage solutions, today announced the availability of its 1Z-nanometer (nm) technology, the most advanced NAND flash process node in the world. The 15 nm technology will ramp on both two bits-per-cell (X2) and three bits-per-cell (X3) NAND flash memory architectures with production ramp to begin in the second half of 2014.

"We are thrilled to continue our technology leadership with the industry's most advanced flash memory process node, enabling us to deliver the world's smallest and most cost effective 128 gigabit chips," said Dr. Siva Sivaram, senior vice president, memory technology, SanDisk. "We are delighted that these new chips will allow us to further differentiate and expand our portfolio of NAND flash solutions."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced that the Board of Directors has declared a second quarter 2014 cash dividend of 22.5 cents per share on the company's common stock. The dividend will be payable on May 27, 2014 to stockholders of record at the close of business on May 5, 2014. Future dividends will be subject to approval by SanDisk's Board of Directors.

SanDisk Corporation, a Fortune 500 and S&P 500 company, is a global leader in flash storage solutions. For more than 25 years, SanDisk has expanded the possibilities of storage, providing trusted and innovative products that have transformed the electronics industry. Today, SanDisk's quality, state-of-the-art solutions are at the heart of many of the world's largest data centers, and embedded in advanced smart phones, tablets and PCs. SanDisk's consumer products are available at hundreds of thousands of retail stores worldwide.

SanDisk Corporation, a global leader in flash storage solutions, today announced results for the first quarter ended March 30, 2014. First quarter revenue of $1.51 billion increased 13 percent on a year-over-year basis and decreased 12 percent sequentially.

On a GAAP basis, first quarter net income was $269 million, or $1.14 per diluted share, compared to net income of $166 million, or $0.68 per diluted share, in the first quarter of fiscal 2013 and $338 million, or $1.45 per diluted share, in the fourth quarter of fiscal 2013.

SanDisk Corporation, a global leader in flash storage solutions, today announced four new additions to its CloudSpeed Serial ATA (SATA) product family: the CloudSpeed Extreme, CloudSpeed Ultra, CloudSpeed Ascend and CloudSpeed Eco Solid State Drives (SSDs).

The new CloudSpeed SSDs are designed to deliver business-critical performance for the mixed-use, read and write-intensive application workloads that have become increasingly prominent in today's enterprise data centers and cloud computing environments. By combining its flash management Guardian Technology Platform with industry-leading memory technology, SanDisk becomes the first vendor to ship 10 full drive writes per day (DWPD), 19 nm-based enterprise SATA SSDs. The CloudSpeed products thus provide customers with longer-lasting drive operation at a better value. The announcement was made at the Interop and Cloud Connect IT Conference and Expo taking place March 31-April 3 in Las Vegas, Nevada.

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash storage solutions, today announced that the company's common stock will be included in the NASDAQ Technology Dividend Index (Nasdaq:NQ96DIVUS), effective prior to market open on March 24, 2014. The NASDAQ Technology Dividend Index, which is evaluated on a semi-annual basis, includes up to 100 technology and telecommunications companies that pay a regular or common dividend.

"Inclusion in the NASDAQ Technology Dividend Index recognizes our commitment to total shareholder return," said Judy Bruner, executive vice president, administration and chief financial officer of SanDisk. "We are pleased to join this group of prominent dividend-paying technology companies." SanDisk initiated its quarterly cash dividend program in the third quarter of 2013.

SanDisk Corporation, a global leader in flash storage solutions, today announced that it has filed a civil lawsuit against Korea's SK Hynix, Inc., SK Hynix America and related entities in Santa Clara Superior Court. The lawsuit seeks damages, an injunction and other remedies against Hynix for trade secret misappropriation under California's Uniform Trade Secret Act. Additionally, SanDisk has submitted a criminal complaint with the Tokyo Metropolitan Police Department against a former employee.

These actions relate to the theft of trade secrets related to NAND flash technology by a former engineer of SanDisk who left the company in 2008 to work for SK Hynix. This engineer is alleged to have illegally taken SanDisk's proprietary technical information and to have subsequently provided it to SK Hynix. Tokyo Metropolitan Police today announced the arrest of the former employee, who worked at SanDisk's joint venture manufacturing facility in Yokkaichi, Japan. SanDisk has been and continues to cooperate with law enforcement in their investigation.

SanDisk Corporation, a global leader in flash storage solutions, today announced the new 128GB2 SanDisk Ultra microSDXC UHS-I memory card, the world's largest capacity microSD card. Smaller than the size of a fingernail, the new SanDisk Ultra microSDXC card enables consumers to use their phones and tablets as if storage limitations were never a concern, allowing users to capture thousands of songs and photos, and hours of video on a single, removable card.

"SanDisk's high-performance 128GB SanDisk Ultra microSDXC memory card will reshape the way users interact with their devices," said Stuart Robinson, director, Handset Component Technologies, Strategy Analytics. "Until now, consumers had to spread out their content between multiple products because the memory on those devices was not able to hold enough data in one place. This 128GB microSD card is going to be popular as the preferred removable storage option, giving users fast, secure and reliable access to their personal data archives."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced the SanDisk Extreme PRO SDHC/SDXC UHS-II card. It is the world's fastest SD memory card, and is based on the latest high performance SD specification. The new SanDisk Extreme PRO SD UHS-II card offers up to 250 MB/s write speeds for continuous burst mode shooting and transfer speeds of up to 280 MB/s for maximum workflow efficiency. The SanDisk Extreme PRO SD UHS-II card is UHS Speed Class 3 (U3) enabled, a new specification allowing for high-quality 4K video recording.

"Camera manufacturers are rapidly introducing camera models for both consumers and professionals that are capable of higher burst rates and 4K video capture. Accordingly, memory card technology must move at a similar pace to provide users with the substantial performance required to take full advantage of these features," said Christopher Chute, research director, Worldwide Digital Imaging, IDC. "The higher levels of performance delivered by the new SanDisk Extreme PRO SD UHS-II card will help ensure that photographers, videographers and filmmakers are able to take advantage of the full capabilities of new professional-grade cameras."

SanDisk Corporation, a global leader in flash storage solutions, today announced the SanDisk Ultra Dual USB Drive, a USB flash drive featuring both a micro-USB and a USB 2.0 connector in a sleek and sturdy form factor. The SanDisk Ultra Dual USB Drive is designed for Android smartphone and tablet users who need an easy way to move content such as photos and videos from their mobile devices. The drive allows users to safely store and backup files, free-up space, or simply transfer multimedia between their smartphones, tablets and computers.

"The SanDisk Ultra Dual USB Drive provides a simple, convenient way to offload and backup files from smartphones and tablets - with the peace of mind that comes with the trusted SanDisk brand," said Dinesh Bahal, vice president, product marketing, SanDisk. "This new drive integrates with SanDisk's Memory Zone app to make freeing up space on mobile devices simpler than ever, improving the user experience."