Toshiba is in talks to buy SanDisk's chipmaking facilities, according to Japan-based reports.
Currently, Toshiba and SanDisk jointly own flash memory manufacturing facilities in Mie Prefecture, Japan.
SanDisk is the largest supplier of retail flash drives in the U.S.
Toshiba has started negotiations to buy SanDisk's portion of the facilities, according to Nikkei. The newspaper said this is in response to Samsung's bid to buy SanDisk that was disclosed last month.
Toshiba and SanDisk have two joint ventures that manufacture NAND flash memory. SanDisk has a 49.9 percent interest in each of the ventures and … Read more