SanDisk 2011 Annual Report Download - page 7

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Stockholders Letter
can function as content creation devices in addition to content consumption devices. This transformation, we
believe, will drive more demand for local storage capacities.
Solid-state drives are becoming increasingly important in both the enterprise and the client markets. Our high-
reliability enterprises SSDs feature a proprietary ASIC controller and sophisticated firmware technology that,
together, deliver very high, predictable and sustained performance. Our enterprise SSD portfolio now spans SAS,
PCIe and SATA solutions. For the client market, NAND flash is being widely implemented in thin form factor
devices such as Ultrabooks, and high-capacity, high-performance SSDs are increasingly being used in-lieu of
traditional hard disk drives in notebook and desktop PCs. NAND flash can also be implemented at lower
capacities alongside a hard disk-drive in a hybrid configuration or in side-by-side caching configurations that are
optimized for both performance and power consumption requirements. SanDisk’s client SSD offerings, ranging
from the embedded iSSD™to the full form factor SanDisk Extreme®SSD, are designed to address opportunities
across these growing market segments.
We are confident about the long-term prospects for SanDisk in light of the strong secular growth drivers for flash
and our increasingly diverse and powerful portfolio of flash storage solutions. We remain focused on our mission
to enrich people’s lives through digital storage anytime, anywhere. Our industry is experiencing a confluence of
connectivity, mobility and content, and SanDisk is taking advantage of these trends by providing leading storage
solutions. I trust you share our excitement and passion for driving our business to new levels. I would like to
thank you again for your continuing support and confidence in SanDisk.
Sincerely yours,
Sanjay Mehrotra
President and Chief Executive Officer