Samsung and Sandisk have been in negotiations for six months trying to hammer out a fair deal for Samsung to purchase the chip manufacturer. Originally Samsung offered $26 per share, but after reports of high losses for Sandisk shares dropped to only $14 per share. Samsung offered SanDisk $5.8 Million dollars which was promptly rejected. After SanDisk rejected this offer Samsung immediately withdrew their offer to purchase. Samsung sites doubts of the companies value, and a shaky economic climate as reasons for their withdrawal. For now at least, Samsung will continue to pay SanDisk nearly $500 Million a year in royalties.
Showing posts with label Sandisk. Show all posts
Showing posts with label Sandisk. Show all posts
Sandisk has announced that they will release for sale MicroSDHC and M2 media cards in 16Gb size. The M2 will release $130, while the MicroSDHC card will be $100. The cards will release in October. Both are currently available in 2,4, and 8 Gb capacities. Not all phones will support MicroSD cards in excess of 2 GB. Most newer media phones are MicroSDHC enabled and currently support the 8Gb; these phones will support the 16Gb and higher until they change from the MicroSDHC standard. Sandisk is currently in the process of releasing SlotMusic in 1Gb formats. [Article Here]. Not to mention [Samsung] has been looking at picking up Sandisk as well.
SlotMusic is the brainchild of Sandisk. You know, the same guys that brought us MicroSD cards for our cell phones. Sandisk has teamed up with all the major figureheads of the recording industry to bring SlotMusic to a store near you. SlotMusic is basically a high quality MP3 put on a MicroSD card. The music will be encoded to 320 kilobytes per second. The cards will come prepackaged with a USB card sleeve so they will be compatible across multiple devices. The music will also be DRM free. You will be free to move the music to any MP3 compatible device of your choosing! The MicroSD cards filled with media will be 1GB in size, and allow for the artist to add and entire album, as well as other chosen extras.
