So it’s Toshiba the company SanDisk chose to strike a deal with and not Samsung whom we all suspected. Toshiba will get 30% of SanDisk’s manufacturing capacity in $1 billion deal. The two companies will continue their 50/50 partnership in the remaining 70% of their joint factories. Toshiba will get 65% of the production capacity but I guess that’s what 50/50 means in their language.

Samsung is angry probably. Are they going to up the ante and still go for the complete buyout of SanDisk? They’d have to outbid their former $6 billion buyout offer which was rejected about a month ago. Their royalty arrangement with SanDisk will expire in August 2009. We’ll probably going to see some action by then!

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