Digi Times — Industry sources have suggested that SanDisk and Toshiba, which jointly develop NAND flash technology, are both being targeted for acquisition by China’s state-owned Tsinghua Unigroup. Unisplendor, a unit of Tsinghua Unigroup, has reached a deal to acquire an about 15% stake in storage company Western Digital. The achievement is actually part of China’s ambitions to establish a homegrown industry covering storage devices, DRAM and NAND flash memory, the sources disclosed.
TOKYO: Japan’s Toshiba is teaming up with US chip giant SanDisk to produce a “3D” memory chip they hope will allow users to save up to 50 hours of ultra-high definition video. In a deal worth a reported 500 billion yen ($4.84 billion) the companies will build a factory to make flash memory consisting of several layers of semiconductors stacked together to give as much as a terabyte — 1,000 gigabytes — of storage. That is around 16 times bigger than the largest 64-gigabyte Toshiba memory currently available in smart phones and tablet devices.