SanDisk is planning to spend around 500 million US $ to advance his flash memory plant which he is controlling with the help of Toshiba by within this year but the company are yet thinking whether it will be the right time to spend the money on the new company and yet decision is put on hold.

And this deal is going to be truly coordinated even by the Toshiba as reported by the SanDisk CEO Eli Harari who addressed in an interview. As no spokesperson from the company was available to confirm the report.
And this investment will be used for making some advance improvement in the company to produce some most advanced type of flash memory chips 32-nanometer chips which are going to be one of the most micro chips produced by the company with higher storage capacity.

And these chips are today mostly used in gadgets like mobile phones and many more multimedia gadgets which are more demanded today in the market.

As informed by the CEO of the company that SanDisk is not ready to assign to constructing a new flash memory factory with Toshiba. The Japanese company previously this year delayed plans to build two new chip factories in Japan because of the recession in the global economy. SanDisk and Toshiba collaborated on flash memory development and production for many many years.