The Samsung Electronics Corporation, the memory chip manufacturer, supposed Friday that it may procure a flash memory producer, SanDisk, in a transaction that may possibly restructure a struggling industry. A getting hold of of SanDisk would swell Samsung’s bazaar share at a time when prices for flash memory, utilized in products like digital cameras, cell phones and music players, are diminishing piercingly. The agreement would also trim down Samsung’s licensing costs. “We are seeking at an assortment of opportunities regarding SanDisk, but not anything has been sure yet,” a Samsung spokesman, James Chung, revealed. In an authoritarian filing soon after, Samsung told one of its alternatives would be to get hold of SanDisk.Monday, July 8, 2013
SAMSUNG PLANNING TO BUY OUT SANDISK
The Samsung Electronics Corporation, the memory chip manufacturer, supposed Friday that it may procure a flash memory producer, SanDisk, in a transaction that may possibly restructure a struggling industry. A getting hold of of SanDisk would swell Samsung’s bazaar share at a time when prices for flash memory, utilized in products like digital cameras, cell phones and music players, are diminishing piercingly. The agreement would also trim down Samsung’s licensing costs. “We are seeking at an assortment of opportunities regarding SanDisk, but not anything has been sure yet,” a Samsung spokesman, James Chung, revealed. In an authoritarian filing soon after, Samsung told one of its alternatives would be to get hold of SanDisk.