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SanDisk: Flash market of next decade to 'dwarf' the last

Written by James Delahunty (Google+) @ 28 Feb 2010 7:46 User comments (6)

SanDisk: Flash market of next decade to 'dwarf' the last SanDisk has made upbeat comments on the near-future market for flash memory products. The U.S. flash-memory maker raised its revenue forecast for the first quarter, prompting a 2 percent rise in shares after a 2.2 percent rise in the regular session on the Nasdaq. It now forecasts its Q1 revenue to be between $925 million and $1 billion, up from $875 - $950 million.
SanDisk CFO Judy Bruner said the company is comfortable that 2010 revenue will be at the high-end of its $4 - $4.4 billion forecast. Chief Executive Eli Harari said he expects the growth in the industry for flash industry over the next decade to "dwarf" the growth of the previous ten years in the sector.

"What is different really over the next decade is that the scale of the business, I believe, the growth ahead is going to be on a bigger scale," Harari said at an investor meeting. He expects SanDisk to ship 1 billion units over the next two years. In the previous three years, SanDisk shipped 1 billion units.

SanDisk is the No.1 manufacturer of NAND flash memory cards used in devices like digital cameras. It rivals consumer electronics heavy-weights including Samsung Electronics, Toshiba Corp and Hynix Semiconductor.

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6 user comments

128.2.2010 9:38

Once we see USB 3.0 in every other home....its going to be crazy all he new flash based stuff out and about!

228.2.2010 11:05

Originally posted by ZippyDSM:
Once we see USB 3.0 in every other home....its going to be crazy all he new flash based stuff out and about!
Agreed. With the 5x better speed, I wouldn't be surprised if there are pc stations with simply hardware, and entire OS's, or net os information are stored on the drives and used on said stations.

328.2.2010 11:10
scum101
Inactive

All this is directly owed to the DSL guys who first thought of putting an open source operating system on a flash some 4 years back.. to make micro machines with no fans.. added bonus.. silent.. not much bigger than 2 standard cd cases... no moving parts.


428.2.2010 20:57
llongtheD
Inactive

I'm looking forward to a nice fat price drop on SSD's. Hopefully thats in the near future as well.

528.2.2010 21:25

Originally posted by scum101:
All this is directly owed to the DSL guys who first thought of putting an open source operating system on a flash some 4 years back.. to make micro machines with no fans.. added bonus.. silent.. not much bigger than 2 standard cd cases... no moving parts.
Quite possibly. But I think it's owed to the fact that BIOS's allowed USB devices to become bootable after floppy drives were pretty much gone.

61.3.2010 9:21

I just kicked myself for not buying their stock earlier.

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