Significantly Strengthens SanDisk’s Financial Position By Reducing Lease Obligations And Increasing Cash MILPITAS, CALIFORNIA, January 29, 2009—, SanDisk (NASDAQ: SNDK) announced today that it has signed a definitive agreement with Toshiba to restructure their Flash manufacturing joint ventures operating at the 300-mm Fab 3 and Fab 4. As part of the agreement, more than 20 percent of the joint ventures’ capacity will be transferred...
Imaging Resource | 2009-01-30