Saturday, September 6, 2008

Samsung mulls SanDisk Buy;toshiba shares fall


Samsung Electronics Co.. world's top maker of memory chips, said it may buy flash memory maker SanDisk , which is valued at $3.2 billion , in a deal that could reshape a struggling industry.
Acquistion of SanDisk would increase Samsungs Market Share, when prices for flash memory used in digital cam and cellphones may fall sharply. the deal would also reduce Samsungs licensing cost by assuming control of SanDisk's popular technology.

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