BNET Industries

SanDisk Corp.

(SNDK) is in the Technology Industry

Market Cap:$3.2B
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.

Chairman & CEOEli Harari
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 launches world's fastest 32GB SDHC card

    6/25/09 - Product Announcement - View Story

  • SanDisk Unveils World's Fastest 32GB SDHC Card - 30MB/s

    6/27/09 - Product Announcement - View Story

  • SanDisk files suit against LSI

    6/22/09 - Lawsuit Filed - View Story

  • BofA and J.P. Morgan Pace DJIA's Upturn

    6/19/09 - Bond / Stock Rating - View Story

  • SanDisk launches one-touch backup USB

    6/23/09 - Product Announcement - View Story

  • Notable Analyst Rating Changes 6/18: ARM, MPEL, LNC, CNW Upgraded; BWA, SNDK, PAYX, YRCW Downgraded

    6/18/09 - Bond / Stock Rating - View Story

  • Financial, health stocks lift market

    6/19/09 - Bond / Stock Rating - View Story

  • Zacks Bull and Bear of the Day Highlights: ADC Telecommunications, SanDisk, Lennar, D. R....

    6/17/09 - Joint Venture / Alliance - View Story

  • Canonical Announces Detail of Collaboration with SanDisk to Better Support Ubuntu

    6/03/09 - Joint Venture / Alliance - View Story

  • Sandisk nCache SSDs: subsector remap, remapped

    6/05/09 - Product Announcement - View Story

  • UPDATE 1-RESEARCH ALERT-Goldman Sachs ups SanDisk to buy

    5/28/09 - Bond / Stock Rating - View Story

  • SanDisk shares soar after Samsung deal on chips

    5/27/09 - Bond / Stock Rating - View Story

  • 'Mad Money' Spotlight: Cramer Digs Sandisk

    6/02/09 - Joint Venture / Alliance - View Story

  • SanDisk and Samsung Renew Patent Cross License and Flash Supply Pacts

    6/03/09 - Joint Venture / Alliance - View Story

  • Surprising statements from Sandisk CEO

    5/23/09 - Joint Venture / Alliance - View Story

  • Counting Down to the End of Moore's Law

    5/22/09 - Board Member - Entering - View Story

  • Win a SanDisk Mobile Ultra microSDHC 4GB card with card reader 1 hr 3 mins

    5/15/09 - Joint Venture / Alliance - View Story

News & Analysis

sandisk corp. - All News and Analysis

  • 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.

Decision Makers

Name (plus bio) Position
Sanjay Mehrotra President & COO
Cecilia Claudio Chief Information Officer
E. Earle Thompson Senior Director & Chief Counsel, Intellectual Property
Judy Bruner CFO & Executive Vice President
Randhir Thakur Executive Vice President, Technology and Worldwide Operations
Yoram Cedar Executive Vice President ,Handset Business and Corporate Engineering
Daniel Auclair Senior Vice President, Business Development & Intellectual Property
Greg Rhine Senior Vice President, Sales, Worldwide
Jose R. Flahaux Senior Vice President, Operations
Juha Raisanen Senior Vice President
Bo Ericsson Vice President, Corp Marketing
Charles Van Orden General Counsel & Vice President
Gene Rosenthal Vice President, Product & Test Engineering
Richard Chernicoff Vice President, Business Development
Simon Stolero Vice President, Operations, Israel
Wes Brewer Vice President, Marketing, Consumer Prods
Ed Cuellar Director, Marketing
Mark Hittie Director, Marketing
Brian Schonfeld Site Manager
Dave Beasley Reg Sales Manager
Dave Smurthwaite Product Marketing Manager, Solutions
Frederic Descombe Sales Manager
Karl Kleemann Sales Manager
Keith Norman Sales Manager
Kent Perry Product Manager, Marketing
Markus Zanders Sales Manager
Matthijs Hutten Product Marketing Manager
Mike Morganstern Product Manager, Marketing
Rex Sabio Product Marketing Manager
Rob Nijdam Manager, Sales
Steve Larrivee Reg Sales Manager
Susan Park Product Marketing Manager
Tanya Chuang Product Marketing Manager, Solutions
Norm Frentz Product Marketing Mg

Board of Directors

Name (plus bio) Position
Eli Harari Chairman & CEO
Alan F. Shugart Board of Directors
Catherine P. Lego Board Member
Eddy W. Hartenstein Board of Directors
Irwin Federman Vice Chairman
James D. Meindl Board of Directors
Michael E. Marks Board of Directors
Steven J. Gomo Board of Directors
Organization Position Status
M-Systems Founder, Chairman and Chief Executive Officer Current
SanDisk Corporation Chairman & CEO Current
Tower Semiconductor Ltd. Board of Directors Former
Intel Corporation Former
Princeton University Ph.D. In Solid State Sciences Former
Manchester University M.A. Former
Princeton University M.A. Former
Manchester University B.S. (Honors) Degree In Physics Former
Organization Position Status
M-Systems President Current
Poscn Chief Operating Officer & Executive Vice President Current
SanDisk Corporation President & COO Current
SanDisk Corporation COO & Vice President Former
SanDisk Corporation co-founder Former
Atmel Corporation Former
Intel Corporation Former
University of California, Berkeley M.S. Degrees In Electrical Engineering Former
University of California, Berkeley B.S. Former
Organization Position Status
Syndera Corporation Chief Information Officer Current
Divitas Networks, Inc. Chief Information Officer, Sandisk Current
SanDisk Corporation Chief Information Officer Current
Syndera Corporation Board of Directors Current
Sybase Iad Subscription Services Board of Directors Current
Divitas Networks, Inc. Board of Directors Current
RampRate, Inc. Board of Directors Current
Sybase, Inc. Board of Directors Current
Farmers Group, Inc. Chief Information Officer Former
Mercury Interactive Corporation Chief Information Officer Former
Zurich Financial Services Chief Information Officer Former
Align Technology, Inc. CIO Former
Zurich Financial Services Executive Vice President Former
Farmers Group, Inc. Senior Vice President Former
SanDisk Corporation Senior Vice President Former
Align Technology, Inc. Vice President of Engineering Former
Clearstone Venture Partners Executive In Residence Former
Organization Position Status
SanDisk Corporation Senior Director & Chief Counsel, Intellectual Property Current
Organization Position Status
M-Systems Executive Vice President, Administration and Chief Financial Officer Current
Poscn Executive Vice President, Administration and Chief Financial Officer Current
SanDisk Corporation CFO & Executive Vice President Current
Mia Vermillion Chairman Current
Brocade Communications Systems, Inc. Board of Directors Current
SanDisk Corporation Board of Directors Current
Palm, Inc. Chief Financial Officer Former
Palm, Inc. Senior Vice President Former
3Com Corporation Vice President Former
Enterprise Systems Vice President of Finance Former
Enterprise Systems Corporate Controller Former
3Com Corporation Corporate Controller Former
Com Corporation Corporate Controller Former
Vermillion Board of Directors Former
Ciphergen Biosystems, Inc. Board of Directors Former
Santa Clara University Master of Business Administration Degree Former
University of California, Los Angeles Bachelor of Arts Degree In Economics Former
Organization Position Status
SanDisk Corporation Executive Vice President, Technology and Worldwide Operations Current
Charitech Senior Vice President, General Manager of Strategic Operations Current
Applied Materials, Inc. Chief Technical Officer , Transistor and Capacitor Products Business Group Former
A&G Associates Vice President , Research and Development Former
Applied Materials, Inc. General Manager ,the Front End Products Group Former
Applied Materials, Inc. Manager Former
Micron Technology, Inc. Technical and Management Positions Former
The University of Oklahoma Ph.D. In Electrical Engineering Former
University of Saskatchewan M.S. and Ph.D. Degrees In Electrical Engineering Former
Organization Position Status
SanDisk Corporation Executive Vice President ,Handset Business and Corporate Engineering Current
Poscn Senior Vice President, Engineering and Emerging Market Business Development Current
Technion-Israel Institute of Technology Former
Organization Position Status
SanDisk Corporation Senior Vice President, Business Development & Intellectual Property Current
Organization Position Status
SanDisk Corporation Senior Vice President, Sales, Worldwide Current
Poscn Senior Vice President, World Wide Sales Current
Danger, Inc. Vice President of Worldwide Sales Former
Iomega Corporation vice president Former
Iomega Corporation general manager of the Americas and Asia Former
University of Missouri B.S. degree in Business Former
University of Missouri-Columbia B.S. Degree In Business Former
Northwestern University Executive Development Program Former
Organization Position Status
SanDisk Corporation Senior Vice President, Operations Current
Organization Position Status
SanDisk Corporation Senior Vice President Current
Organization Position Status
SanDisk Corporation Vice President, Corp Marketing Current
Organization Position Status
SanDisk Corporation General Counsel & Vice President Current
Poscn Vice President, General Counsel and Secretary Current
Measure-X Vice President Former
American Microsystems, Inc. General Counsel Former
Measure-X Secretary Former
SanDisk Corporation Secretary Former
Organization Position Status
SanDisk Corporation Vice President, Product & Test Engineering Current

Chernicoff has been SanDisk's Vice President, Business Development since 2003. He began his career as an auditor with Ernst & Young LLP. Following service as a member of the staff of United States Securities and Exchange, Chernicoff was a mergers and acquisitions associate at Skadden, Arps, Slate, Meagher & Flom LLP. From 2000 to 2003, Mr. Chernicoff was a partner at Brobeck, Phleger & Harrison LLP where he represented technology clients in mergers, acquistions, product collaborations and joint ventures. Mr. Chernicoff earned a B.S. in Accounting at California State University Northridge and a J.D. at St. John's University School of Law. Although no longer active, Mr. Chernicoff was licensed as a Certified Public Accountant in California and was a member of the California Bar.

Organization Position Status
Poscn Vice President, Business Development Current
SanDisk Corporation Vice President, Business Development Current
Brobeck, Phleger & Harrison partner Former
Brobeck, Phleger & Harrison LLP Partner Former
Ernst & Young auditor Former
California State University Northridge B.S. In Accounting Former
Organization Position Status
SanDisk Corporation Vice President, Operations, Israel Current
Organization Position Status
SanDisk Corporation Vice President, Marketing, Consumer Prods Current
Organization Position Status
SanDisk Corporation Director, Marketing Current
Organization Position Status
Phototlc, Inc. Vice President of Marketing Current
SanDisk Corporation Director, Marketing Current
Learning, Inc. Former
Hasbro, Inc. Former
Organization Position Status
Baysport, Inc Director of Wellness Services Current
SanDisk Corporation Site Manager Current
University of California, Davis Masters Degree In Exercise Science Former
San Jose State University Bachelor of Science Degree Former
Organization Position Status
SanDisk Corporation Reg Sales Manager Current
Organization Position Status
SanDisk Corporation Product Marketing Manager, Solutions Current
Organization Position Status
SanDisk Corporation Sales Manager Current
Organization Position Status
SanDisk Corporation Sales Manager Current
Organization Position Status
SanDisk Corporation Sales Manager Current
Organization Position Status
SanDisk Corporation Product Manager, Marketing Current
Organization Position Status
SanDisk Corporation Sales Manager Current
Organization Position Status
SanDisk Corporation Product Marketing Manager Current
Organization Position Status
SanDisk Corporation Product Manager, Marketing Current
Organization Position Status
SanDisk Corporation Product Marketing Manager Current
Organization Position Status
SanDisk Corporation Manager, Sales Current
Organization Position Status
SanDisk Corporation Reg Sales Manager Current
Organization Position Status
SanDisk Corporation Product Marketing Manager Current
Organization Position Status
SanDisk Corporation Product Marketing Manager, Solutions Current
Organization Position Status
SanDisk Corporation Product Marketing Mg Current
Organization Position Status
Blue Sky Research Current
Fellow Awards Current
Sierra Imaging Director Current
Valence Technology, Inc. Board of Directors Current
Inktomi Corporation Director Current
SanDisk Corporation Board of Directors Current
International Business Machines Corporation field engineer Former
Memorex Corporation Former
Shugart Associates Former
SanDisk Corporation Director Former
University of Redlands B.S. in engineering physics and rose quickly Former

Catherine P. Lego is Managing Partner of The Photonics Fund. Ms. Lego brings to her portfolio companies her expertise in the telecommunications field, as well as financial and corporate management skills, gathered during her two decades of involvement in venture investing. Prior to forming The Photonics Fund, Ms. Lego established Lego Ventures in 1992 to provide consulting services to early stage electronic companies by helping them develop business plans, obtain seed and expansion financing and support strategic growth through mergers and acquisitions. During this time, she was a consultant and member of the board of directors of Uniphase Corporation until it was merged with JDSFitel in July 1999. From 1981 through 1992 she was a General Partner at Oak Investment Partners, and focused her investing in the telecommunications, semiconductor and semiconductor equipment markets. Ms. Lego invested in and advised a number of technology companies including MicroLinear, Vitesse, AMCC, Vitelic, WSi and SanDisk. Prior to Oak, Ms. Lego was a CPA with Coopers and Lybrand for three years. She received her M.S. from NY University School of Business in 1979 and her B.A. from Williams College in 1978. Ms. Lego currently sits on the Boards of Directors of SanDisk Corp. and two private photonics companies, Phaethon Communications and Tsunami Optics.

Organization Position Status
Tsunami Optics Board of Directors Current
M-Systems Board of Directors Current
WAV, Inc. Director Current
Stratalight Communications Board of Directors Current
Fsona Systems, Ltd. Board of Directors Current
WJ Communications Incorporated Board of Directors Current
SanDisk Corporation Board Member Current
Oak Investment Partners General Partner Former
New York University M.S. In Accounting Former
Williams College B.A. Former
Organization Position Status
Thomson SA Board of Directors Current
SIRIUS XM Radio Inc. Board of Directors Current
SanDisk Corporation Board of Directors Current
The DIRECTV Group, Inc. CEO Former
The DIRECTV Group, Inc. President Former
Hughes Electronics Former
The DIRECTV Group, Inc. Vice Chairman Former
XM Satellite Radio Holdings, Inc. Board of Directors Former
The DIRECTV Group, Inc. member Former

Irwin received a B.S. in Economics from Brooklyn College and was awarded an Honorary Doctorate of Engineering Science from Santa Clara University. A recipient of the Anti-Defamation League's Torch of Liberty, Irwin is involved with a number of community organizations in San Francisco and on the Peninsula. Irwin and his wife enjoy ballet and opera and support the San Francisco Museum of Modern Art. Irwin enjoys fishing and reading and is an eclectic cook. His culinary alchemy is based on working with whatever's in the kitchen. "It's not unlike a business you try to maximize the best of what you've got to work with."

Organization Position Status
U.S. Venture Partners (USVP) General Partner Current
U.S. Venture Partners General Partner Current
M-Systems Lead Independent Director Current
Akros Silicon Observer, General Partner, U.S. Venture Partners Current
ON24, Inc. General Partner, U.S. Venture Partners Current
Determina, Inc. Current
Bevocal Chairman of the Board, General Partner, U.S. Venture Partners Current
Teranetics Board of Directors Current
Intermolecular, Inc Board of Directors Current
Akros Silicon Board of Directors Current
Centillium Communications Inc. Director Current
Mellanox Technologies, Inc. Director Current
Check Point Software Technologies, Inc. Board of Directors Current
Netro Corporation Director Current
Silego Technology, Inc. Board of Directors Current
ON24, Inc. Board of Directors Current
SanDisk Corporation Vice Chairman Current
Canaan Partners CEO Former
U.S. Venture Partners (USVP) President Former
Canaan Partners President Former
Dillon Read Managing Director Former
San Francisco Museum of Modern Art Former
SanDisk Corporation Chairman Former
Nuance Communications, Inc. Director Former
Advanced Micro Devices, Inc. Vice Chairman Former
SanDisk Corporation Investor Former
Check Point Software Technologies, Inc. Investor Former
Nuance Communications, Inc. Investor Former
MMC Networks Investor Former
Cypress Semiconductor Corporation Investor Former
Centillium Communications Inc. Investor Former
Xilinx, Inc. Investor Former
Mellanox Technologies, Inc. Investor Former
NeoMagic Corporation Investor Former
QuickLogic Corporation Investor Former
Netro Corporation Investor Former
Altera Corporation Investor Former
Santa Clara University Doctorate of Engineering Science Former
Brooklyn College B.S. In Economics Former
Organization Position Status
SanDisk Corporation Board of Directors Current
Organization Position Status
Riverwood Solutions LLC Founder & Managing Partner Current
Globant Current
Flextronics International Ltd. Chairman Current
Accellent, Inc. Board of Directors Current
Schlumberger Limited Board of Directors Current
Aricent Inc. Board of Directors Current
Flextronics International Ltd. Board of Directors Current
Avago Technologies, Pte. Board Member Current
Sun Microsystems, Inc. Board of Directors Current
Tsinghua University Member , Advisory Board Current
SanDisk Corporation Board of Directors Current
Riverwood Solutions LLC Board of Directors Current
Kohlberg Kravis Roberts & Co. Member Current
Kohlberg Kravis Roberts & Co. Member Current
Flextronics International Regional Headquarters-The Americas CEO Former
Flextronics International Ltd. Chief Executive Officer Former
KLA-Tencor Corporation Director Former
Oberlin College Masters of Arts Former
Harvard Business School MBA Former
Oberlin College B.A. Former
Organization Position Status
SanDisk Corporation Board of Directors Current

Executive News

  • SanDisk's Eli Harari to Receive 2009 IEEE Robert N. Noyce MedalSanDisk Chairman and CEO, Eli Harari, will receive the IEEE Robert N. Noyce Medal on June 25 in Los Angeles. (Photo: Business Wire)

    DMN Newswire - 6/23/09 - View Story

  • SanDisks Eli Harari to Receive 2009 IEEE Robert N. Noyce Medal

    Business Wire - 6/23/09 - View Story

  • Flash Memory Summit 2009 to Explore the New Storage Frontier

    Reuters - 6/18/09 - View Story

  • Briefs: eMusic, RIAA, 'The Beatles: Rock Band'

    Billboard - 6/04/09 - View Story

  • SanDisk says the iPod won

    Fortune - 6/03/09 - View Story

  • SanDisk: 'You can't out-iPod the iPod'

    CNN Money - 6/03/09 - View Story

  • SanDisk: We're No. 2!

    CNN Money - 6/03/09 - View Story

  • Cramer's Mad Money - The CKE Taste Test (6/2/09)

    Seeking Alpha - 6/03/09 - View Story

  • SanDisk and Samsung Renew Patent Cross License and Flash Supply Pacts

    TradingMarkets - 6/03/09 - View Story

  • Cramer's 'Mad Money' Follow-Up: Costco vs. BJ's

    TheStreet.com - 6/02/09 - View Story

  • 'Mad Money' Spotlight: Cramer Digs Sandisk

    TheStreet.com - 6/02/09 - View Story

  • Cramer's Mad Money - All The Black Holes Have Been Filled (6/1/09)

    Seeking Alpha - 6/02/09 - View Story

  • Why Microsoft Could Be Headed for the Laundry Room

    New York Times - 5/28/09 - View Story

  • SanDisk, Samsung Forge Patent Deal

    The Wall Street Journal Interactive Edition - 5/28/09 - View Story

  • 3 Stock Picks: AZO, SNDK, ZLC

    Smart Money - 5/27/09 - View Story

  • New Deal with Samsung Bolsters Flash Maker SanDisk

    eWeek - 5/27/09 - View Story

  • Electronic Storage Stocks Posting Notable Gains

    RTTNews.com - 5/27/09 - View Story

  • SanDisk, Samsung renew flash memory pacts

    CNET News.com - 5/27/09 - View Story

  • Samsung renews chip license with SanDisk

    Washington Post - 5/27/09 - View Story

  • SanDisk and Samsung Renew Patent Cross License and Flash Supply Agreements

    Forbes.com - 5/27/09 - View Story

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     SNDK $14.19 -0.68 (-4.57% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 7,373,110
Shares Outstanding 226.86M
Market Cap 3.2B
Year High 23.5
Year Low 5.07
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated

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