SanDisk 2006 Annual Report Download - page 2

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Founded in 1988 by Dr. Eli Harari, an internationally recognized authority on
non-volatile memory technology, SanDisk has grown to become the world’s
largest supplier of flash memory data storage products.
Serving both consumers (with more than 200,000 retail storefronts worldwide)
and original equipment manufacturers (OEMs), SanDisk designs, develops,
manufactures and markets flash storage card products for a wide variety of
electronic systems and digital devices. SanDisk also licenses its technology to a
number of other industry-leading companies.
With flash memory’s capability for storing large amounts of data in a compact,
removable format, SanDisk’s products have helped drive the exponential growth in
sales of digital cameras, multi-function mobile phones, USB flash drives, MP3 music
players, and other digital consumer devices. In addition to retail and OEM flash
memory cards, the company also manufactures and sells Sansa® audio/video
products, Cruzer® USB flash drives and embedded solutions.
SanDisk has more than 600 issued U.S. patents, and more than 300 foreign patents,
and is the only company, worldwide, that has the rights to both manufacture and sell
every major flash card format, including CompactFlash®
, SD™
, miniSD™
, microSD™
,
MultiMediaCard™
, Reduced Size MultiMediaCard (RS-MMC™), Memory Stick PRO™ and
related Memory Stick® products, xD-Picture Card™ and USB flash drives.
SanDisk became a publicly traded company (NASDAQ:SNDK) in November 1995, and in
2006 revenues grew to $3.3 billion. With more than 2000 employees worldwide,
SanDisk is headquartered in Milpitas, California.
REVENUE
IN MILLIONS
2006
$3258
2005
$2306
2004
$1777