SanDisk post improved profits

SanDisk has now issued strong sales forecast as they believe the prices memory would not fall much in the coming months.

The company has also reported higher-than-expected first-quarter revenue. They gained from strong demand for memory used in consumer products.

SanDisk said that the sales of their Sansa range of digital media players were up helping profits.

A company representative added: “Conditions should improve gradually as the low-price inventory is sold through the channels.”

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