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Samsung wants to buy SanDisk

Samsung Electronics Company announced its intention to acquire the company SanDisk. According to Samsung, SanDisk purchase will help to increase market share the company and enhancing its positions in the market of NAND-Flash. This is especially true now when the prices of flash memory used in digital cameras, mobile phones and Media, a rapidly declining, and competition is becoming increasingly rigid. According to the Reuters agency Samsung representative James Chang (James Chung), now considered various possibilities for SanDisk, but nothing is finalized yet decided.

Some analysts believed that with the acquisition of SanDisk, Samsung will be able to reduce the costs of royalties for licenses for patented technology, because every year Samsung SanDisk pays about $ 354 million. In addition, the consolidation with SanDisk will help Samsung to compete with Toshiba, another major supplier of flash memory.

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