SanDisk launches Shanghai plant
SanDisk Corporation opened a NAND flash packaging and testing plant in Shanghai Thursday, the 21st Century Business Herald reported. SanDisk Semiconductor Shanghai, which is located in the Zizhu Industrial-based Science Park of Shanghai, is designed to meet increasing demand for memory sticks for mobile phones and digital cameras. SanDisk has so far invested 59% of the approximately $170 million it originally planned to inject into the Shanghai-based facility. The US-based company, which is the world’s largest manufacturer of flash memory and data storage products, entered mainland China in April 2004. The production capacity of the plant is expected to meet approximately 30% of SanDisk's projected demand for a flash memory-based chip package called System-in-a-Package (SiP). The product is a particularly useful type of storage for mobile phones, as mobile devices have limited space due to their small size, the company said.