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Technology / AI and automation

SANDISK SAYS RECORD RESULTS ARE DUE TO KODAK AND CASIO DEALS

Flash memory organization SanDisk Corp says its third quarter results are its best ever, due to the record number of flash storage cards it has shipped. The Sunnyvale, California company currently battling with Intel Corp over new developments in Flash Memory (CI No 3,249), saw net profits for the nine months to September 30 rise 24.9% to $12.6m on revenue up 19.0% at $84.9m, while third quarter profits rose 86.7% at $6.8m on revenue up 38.8% at $36.1m. Most of the flash storage cards SanDisk has shipped have gone into new digital cameras launched onto the market by its customers Eastman Kodak Co and Casio Inc.

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CBR Staff Writer

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