Toshiba says to buy SanDisk of purpose
September 28, 2008
Time of Beijing of dispatch of sina science and technology on September 17 message, according to foreign media coverage, toshiba is advanced vice-president fast cane rises 3 (Shozo Saito) Zhou San expresses, this company buys business partner SanDisk of purpose, in order to prevent competitor SamSung the swift-footed arrive first.
Some earlier this month moment, samSung electron says the likelihood buys SanDisk, if should trade,reach, toshiba hopes the plan that improves nearly one times productivity through cooperating with SanDisk will fail.
Fast cane rises 3 say: “If evidence shows SanDisk may be bought, we need to adopt precautionary measures. ” but he expresses at the same time, although Toshiba ” intended ” buy SanDisk, but the negotiation that has not launched materiality.
Although be used at the memory chip price of player of music of digital camera, mobile phone, number fatigued and weak, bring about battalion to close to drop enthusiasticly with investment, but SamSung, Toshiba and other chip manufacturer still are carrying high yield to be able to be mixed reduce sheet chip cost field competes each other. The analyst points out, buy SanDisk to be able to help SamSung cut down pay former accredit fee, gobble up the market share of competitor Toshiba.
SanDisk share price from May the middle ten days of a month is achieved since giving high point, already accumulative total dropped 55% . Newspaper of this company share price receives Zhou Yi at 14.41 dollars, at present SanDisk market prise is 3.5 billion dollar about. In July, sanDisk ever released early-warning to say, because the market is begged for be more than, the company needs a few quarters to digest inventory. This company shows at the same time, decide to invest Toshiba reach two plants, these factories predict to began to build 2010.
In August, market Ceng Chuanyan hopes nimble is intended part or buy SanDisk entirely. (Xiao En)
Relevant report:
The message says SamSung electron plans to buy Sandisk
Analysis: If SamSung buys SanDisk to will weaken Toshiba competition ability
Ready money of 5.8 billion dollar buys SamSung SanDisk meets with refus
Tags: buy, purpose, SanDisk, says, ToshibaAdvertisement
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