Samsung Electronics has withdrawn its offer to acquire rival flash memory-maker SanDisk citing a lack of progress after six months of discussions between the two companies.
When Samsung Electronics offered to buy SanDisk for US$5.85 billion early last week, some people in the industry hoped news of the possible takeover might stem a long running decline in NAND flash memory chip prices.
Record companies are scrambling to find new ways to distribute music in the face of declining music sales. The latest is slotMusic, a microSD card containing music in MP3 format without DRM (digital rights management), playable on pocket devices such...
SanDisk has rejected an unsolicited takeover bid from hardware maker Samsung Electronics, saying that it undervalues the maker of flash storage cards.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.