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Samsung May Buy SanDisk, Consolidate Flash Market

News Type: Event — Seeded on Fri Sep 5, 2008 11:25 PM EDT
Read ArticleArticle Source: cio-today.com
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Seeded by Red Wolf
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Memory maker Samsung is considering an offer for SanDisk to save #350 million a year in flash-memory licensing fees and consolidate the market. If Samsung does buy SanDisk, it could hurt rival Toshiba and gain more control over the flash market. The SanDisk purchase could also boost Samsung's reputation in flash memory.

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