After that sun-seeking planter robot, I figured you guys could use something a little drier. So without further ado: it seems that SanDisk and Toshiba are “reallocating” the output of a couple fabs (Fab 3 and Fab 4 if you must know). Essentially, it comes down to SanDisk selling off 30 percent of a joint venture in manufacturing flash memory to their partner, Toshiba.
I don’t think that SanDisk is in dire straits, exactly, but generally the wholesale selling off of assets like the factories that make your goods isn’t seen as a sign of solvency. You can get a better idea by reading their quarterly financial results, which basically show a decline in revenue.
Well, that certainly was dry, wasn’t it? Here’s a unicorn!