SanDisk, the world’s biggest provider of flash storage products, has opened an assembly and testing plant in Shanghai — the company’s first production facility in China.
SanDisk invested $100 million in the plant which is in Shanghai Zizhu Science-based Industrial Park in the southwest of the city.
The facility will focus on the assembly and testing of SanDisk’s flash memory for mobile and other consumer products for international markets. The local plant will account for 30% of SanDisk’s production capacity.
Company’s revenue totaled US$3.26 billion last year. The fastest-growing demand for memory cards comes from the mobile phone industry, particularly after the cost of flash memory dropped recently.
Sanjay Mehrotra, SanDisk president and chief operating officer, said, ‘It is the biggest driver as people want to store e-mail, multimedia and data on phones.’
In 2007, 200 million mobile phones were shipped with flash memory cards, and the number is expected to hit 400 million in 2010.
Source: Jongo News