SanDisk 2008 Annual Report Download - page 4

Download and view the complete annual report

Please find page 4 of the 2008 SanDisk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 135

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135

Our opportunity is to increase attach rates for cards in slotted phones, to boost the storage capacity per card, and
to open up new applications with preloaded content cards such as our slotMusic™ and slotRadio™ cards.
Recently, at the World Mobile Congress, we launched our Service Delivery Card, a new product family, that is
designed for mobile network operators to provide their application and service offerings in order to enhance the
consumer’s mobile computing, communication, and entertainment experience.
At the January 2009 Consumer Electronics Show we introduced our new third generation (G3) solid state drive
(SSD). The G3 SSD was designed from the ground up with a new architecture to achieve, with 43-nanometer
multi-level cell NAND, the kind of performance, reliability and endurance that has so far required much more
costly single-level cell NAND. Our SSD strategy in 2009 is to seed the market and qualify with leading OEMs
our modular SSD, also known as pSSD™, for netbook PCs, as well as our SSD G3 for corporate notebook PCs.
During these tumultuous times, SanDisk is taking strong measures to ensure that we weather the downturn and
emerge an even stronger competitor. Our sale of a portion of our captive capacity allows us to return to a more
flexible supply model with a mix of captive and non-captive memory, and our continued strong investment in
R&D allows us to remain on the leading edge of technology and memory cost structure. I remain confident and
optimistic about SanDisk’s opportunities for renewed growth and profitability when we emerge from this long
downturn.
I would like to express my deep appreciation to our employees for their continuing dedication and to our
customers, to our strategic partners and suppliers, and to our stockholders for your continuing confidence in
SanDisk.
Sincerely,
Eli Harari
Chairman of the Board, Director
and Chief Executive Officer