SanDisk and Toshiba conclude agreements for joint venture

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Sunday, 21 April, 2002

SanDisk Corporation has announced that it has formally concluded the agreements with Toshiba Corporation related to the relocation of their joint FlashVision venture from the Dominion Semiconductor facility in Manassas, VA, to Toshiba's semiconductor plant at Yokkaichi, Japan.

The two companies announced in December, 2001, that they had signed a binding Memorandum Of Understanding to consolidate their advanced NAND flash wafer fab manufacturing operations at Toshiba's memory fab at Yokkaichi.

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