BNET Industries

Market Cap:$5.5B
Last Fiscal Year Sales:$3.3B
  • Public
  • US
Dow Jones Description

SanDisk Corporation (NASDAQ: SNDK), based in Sunnyvale, CA, makes flash storage card products used in electronic systems. These allow mass market adoption of digital cameras, multimedia cellular phones, USB flash drives and others. The products are used in digital cameras, personal digital assistants, portable digital music players, digital video recorders and smart phones. In January 2006 the company completed its acquisition of Matrix Semiconductor, Inc., a privately held company based in Santa Clara, California for approximately $250 million.

Number of Employees 3,565
Contact Information

601 McCarthy Boulevard

Milpitas, California 95035

www.sandisk.com

(408) 801-1000

NAICS Code Computer Storage Device Manufacturing: 334112

Recent Events

  • SanDisk initiated with "market outperform"

    12/04/09 - Bond / Stock Rating - View Story

  • Gadgets: Card reader helps you shop safer online

    11/30/09 - Product Announcement - View Story

  • 3 Reasons to Sell Rambus Today

    11/13/09 - Bond / Stock Rating - View Story

  • Downgrades: INTC, SNDK, AMG [VIDEO]

    11/03/09 - Bond / Stock Rating - View Story

  • Tech Stocks: Late gains help give a boost to tech stocks

    11/03/09 - Bond / Stock Rating - View Story

  • Call Traders Warm to Chesapeake Energy CHK

    10/29/09 - Bond / Stock Rating - View Story

  • SanDisk shares fall after Goldman downgrade

    10/28/09 - Bond / Stock Rating - View Story

  • Goldman Sachs Downgrades SanDisk SNDK, Upgrades Texas Instruments TXN

    10/28/09 - Bond / Stock Rating - View Story

  • SanDisk shares fall after Goldman downgrade

    10/28/09 - Bond / Stock Rating - View Story

  • Intelligently Engineered SD and SDHC Memory Cards By SanDisk

    10/23/09 - Product Announcement - View Story

  • SanDisk Announces Third Quarter 2009 Financial Results

    10/20/09 - Product Announcement - View Story

  • Augh - why is the 64GB card only available as an Extreme Pro? The Extreme...

    10/20/09 - Product Announcement - View Story

  • SanDisk Upgrades Flash Technology

    10/12/09 - Joint Venture / Alliance - View Story

  • SanDisk Q3 Profit Rises, Beat Estimates - Update

    10/20/09 - Bond / Stock Rating - View Story

  • Sandisk SNDK: Downgraded to Sell at UBS

    10/12/09 - Bond / Stock Rating - View Story

  • Gadgets: Drop-and-go' Duracell pad makes charging some gadgets easier

    10/02/09 - Product Announcement - View Story

  • SanDisk Introduces Memory Cards for Gaming Consoles

    9/30/09 - Product Announcement - View Story

  • SanDisk Launches Cards for PSP Go, DSi

    9/30/09 - Product Announcement - View Story

  • SanDisk Targets Gamers With New Flash Memory Cards

    9/30/09 - Product Announcement - View Story

News & Analysis

chip and sandisk corp. - All News and Analysis

  • SanDisk Q3: Exceeds Estimates

    Seeking Alpha - 2009-10-22

    Zacks.com submits: SanDisk’s SNDK third quarter 2009 earnings exceeded the Zacks Consensus EPS by 61 cents and revenue by 19.4%. Revenue Total revenue for the quarter was $935.0 million, up 14.0% on a year-over-year basis and up 28.0% on a sequential basis. Revenue exceeded the company’s expectation...

    Tags: Chip, Zacks.com, SanDisk Corp.

  • Earnings Preview: SanDisk

    Seeking Alpha - 2009-10-20

    SanDisk SNDK is expected to report Q3 earnings after the market close on Tuesday, October 20, with a conference call scheduled for 5:00 pm ET. Guidance The consensus estimate is 26c for EPS and $787.94M for revenue, according to First Call. Company guidance provided on its last earnings call...

    Tags: Hardware, Chip, theflyonthewall.com, SanDisk Corp.

  • SanDisk: Getting Bullish on Flash Memory

    Seeking Alpha - 2009-07-13

    Eric Savitz (Barron's) submits: SanDisk SNDK shares are getting a lift Monday morning from Thomas Weisel Partners analyst Kevin Cassidy, who raised his rating on the stock to Overweight from Market Weight. “We believe SanDisk entered a favorable part of its cycle,” he writes in a research...

    Tags: Chip, Eric Savitz, SanDisk Corp.

  • Bearish on SanDisk: Is a NAND Glut Looming?

    Seeking Alpha - 2009-06-18

    Eric Savitz (Barron's) submits: SanDisk SNDK shares are coming under pressure this morning after Needham analyst Y. Edwin Mok cut his rating on the stock to Under Perform from Hold. Mok writes in a research note that the downgrade reflects “early signs of weakness in the NAND...

    Tags: Chip, Eric Savitz, SanDisk Corp.

  • SanDisk / Samsung Deal: Less Is More

    Seeking Alpha - 2009-06-03

    Shlomi Cohen submits: Investment house Goldman Sachs recommends buying shares in chip companies [[ADI]], Marvell Technology Group (Nasdaq:MRVL), and SanDisk Corporation (Nasdaq: SNDK). SanDisk was raised to a "Buy" with a target price of $22 on Thursday, a day after announcing a new royalties agreement with Samsung. Despite the...

    Tags: Chip, Shlomi Cohen, SanDisk Corp.

  • SanDisk's Wild Wednesday Not Really Justified

    Seeking Alpha - 2009-05-28

    Trade Radar Operator submits: SanDisk SNDK had a wild day Wednesday, gaining over 14% and helping the NASDAQ outperform the other major averages. Was it warranted?The news that drove the stock today was related to SanDisk reaching an agreement with Samsung who manufactures NAND memory chips using technology covered...

    Tags: Chip, Trade Radar Operator, SanDisk Corp.

  • Samsung renews chip licence with SanDisk

    Strategy Eye - 2009-05-26

    Korean device manufacturer Samsung has extended its existing chip licence agreement with US storage specialist SanDisk for another seven years. The extension is set at a lower royalty rate than previously and Samsung is committed to shipping a certain amount of its chips to SanDisk. Samsung pays around USD350m...

    Tags: SanDisk Corp., Samsung Electronics Co. Ltd., Agreement, Chip, Flash Memory, SAMSUNG, Thomas Warren

  • SanDisk CEO Harari: Flash Memory Prices Stabilizing

    Seeking Alpha - 2009-05-21

    Eric Savitz (Barron's) submits: Spot market pricing of NAND flash memory chips have stabilized at about the $2/GB level, more than twice the price at the December quarter bottom, SanDisk SNDK CEO Eli Harari said today in an interview with Tech Trader Daily. Harari says prices have...

    Tags: Chip, Eric Savitz, SanDisk Corp.

  • Earnings Preview: SanDisk

    Seeking Alpha - 2009-04-20

    SanDisk SNDK is expected to report Q1 earnings after the market close on Tuesday, April 21, with a conference call scheduled for 5:00 pm ET. Guidance The consensus estimate is a loss (76c) for EPS and $535.04M for sales, according to First Call. SanDisk provided lower Q1 revenue guidance...

    Tags: Chip, theflyonthewall.com, SanDisk Corp.

  • Flash Memory: Apple's Big Order

    Seeking Alpha - 2009-04-15

    Zacks.com submits: It has been reported that Apple, Inc. AAPL has ordered significant quantities on NAND flash memory flash memory holds its information when off for use in iPods. Two chipsets of 16 gigabit memory can be paired to produce a 32 gigabit device.We do not know which...

    Tags: Chip, Zacks.com, Apple Inc., SanDisk Corp.

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     SNDK $24.39 +0.57 (2.39% )
Average Volume 8,220,660
Shares Outstanding 228.21M
Market Cap 5.6B
Year High 24.61
Year Low 7.53
Earnings Per Share -7.92
P/E Ratio -3.08
Dividend N/A
Yield N/A
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