flash memory: driving change - india electronics ... to market growth, product sales, industry...
TRANSCRIPT
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Forward-Looking Statements
During our meeting today we may make forward looking statements.
Any statement that refers to expectations, projections or other characterizations of
future events or circumstances is a forward looking statement, including those
relating to market growth, product sales, industry trends, future memory
technology, production capacity and technology transitions and future products.
This presentation contains information from third parties which reflect their
projections as of the date of issuance.
Actual results may differ materially from those expressed in these forward looking
statements due to factors detailed under the caption “Risk Factors” and elsewhere
in the documents we file from time to time with the SEC, including our annual and
quarterly reports.
SanDisk undertakes no obligation to update the forward-looking statement in this
presentation.
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From the Beginning
1980 1988 1991
SanDisk introduces 20MB SSD
SanDisk founded
Eli Harari Sanjay Mehrotra Jack Yuan
Dr. Masuoka invents Flash
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The SanDisk Advantage
World Smallest 128Gb Chip
in Production
50k TIMES DECREASE
COST
30k TIMES INCREASE
CAPACITY
Heritage of Innovation
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Adding Enterprise Flash HDDs Alone
Flash Memory Transforms the Enterprise
Dramatic efficiency and cost improvements drive down TCO
Growing ecosystem of flash-accelerated HW and SW products provide new partnership opportunities
Slower bandwidth and latency
Higher footprint, power and cooling costs
Enterprise
Flash
Transformation
Intelligent
Caching SW
Faster I/O performance
Lower system cost $/GB
Improved reliability
Increased capacity with a smaller footprint
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Digital Cameras
USB Flash Drives
A/V Players,
Gaming & Navigators
Mobile Phones
Tablets Solid State Drives
Internet Enabled
TV, Set Top
Box
2016
Unit
TAM
Massive Flash Adoption in CE, Mobile, Computing
Source: Gartner Sep, 2012 - Forecast: Semiconductor Consumption by Electronic Equipment Type, Worldwide, 4Q12 Update
Forecasted production in 2016
132M 333M 196M 2,225M 390M 201M 339M
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A Global Leader in Flash Memory Storage Solutions
*Net Cash = [Cash + cash equivalents + short-term & long-term marketable securities] less [debt at maturity value] as of the end of FY „12. Headcount at end of Q3, ‟12.
°Gartner Forecast: NAND Flash Supply and Demand, Worldwide, 1Q „11-4Q „13, 3Q „12 Update, Dec., „12. NPD Estimate, Jan., „13. Estimates of the memory card & USB markets
from NPD (Jan. „13) and GfK Retail and Technology, Oct. „12
Global Retail Share Leader 1 Out of 2 Cards Sold in the U.S.
The Leading Retail Brand in Key Markets
Million+ Units Shipped Daily 2
Key Financials FY2012
Technology Leadership Global Operations
4,500+ Employees
Rankings
$5.1B Revenue
$3.8B Net Cash*
$600M Annual R&D
Investment
Fabs World Class NAND Capacity
19nm Leading Memory
Process Node
4,400+ Patents
4 of the Top 7 Storage OEMs are SanDisk Customers
Enterprise, Client and Retail SSDs
SanDisk Client SSD Design Wins at
10 Leading PC OEMs
Close to Half of Industry Bit Output Together with Manufacturing Partner Toshiba°
All Leading Handset & Tablet Manufacturers Use SanDisk
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SanDisk & Toshiba Produce Nearly 50% of World’s Flash Memory Bit Supply
Source: Forecast: NAND Flash Supply and Demand, Worldwide, 1Q11-4Q13, 4Q12 Update.- December 2012
21%
25%
29%
12%
4% 9% SanDisk
Toshiba
Samsung
Micron
Intel
Hynix
Others
Bit Shares 2012
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Commitment to India
Offices in Bangalore since 2005
Approx. 350 employees
Activities include IT and R&D • Hardware and software,
ASIC, firmware, memory
Partnerships with leading distributors
2,000+ city distributors; products sold in approx. 400 cities
#1 brand in India
Actively involved in Corporate Social Responsibility programs
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Key Secular Trends
Content Mobility Connectivity Demand for Flash
More Powerful Mobile Devices
More Responsive Data Centers
Growth to 34GB Average Per Device By 2016
2.8ZB of Content In 2012*
* IDC “THE DIGITAL UNIVERSE IN 2020: Big Data, Bigger Digital Shadows, and Biggest Growth in the Far East”, Dec., „12.
SanDisk estimates and Gartner: Forecast: NAND Flash Supply and Demand, Worldwide, 1Q ‟11- 4Q‟ 13, Dec. „12. Only includes devices with 1GB capacity or
more as of 2012.
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Content
2.8ZB of Content In 2012*
The Content Explosion
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ZB of Digital Content
2010
2012
2015
A Zetabyte** is a trillion gigabytes—a 1 with 21 zeroes!
*IDC “THE DIGITAL UNIVERSE IN 2020: Big Data, Bigger Digital Shadows, and Biggest Growth in the Far East”, Dec., „12.
SanDisk estimates and Gartner: Forecast: NAND Flash Supply and Demand, Worldwide, 1Q ‟11- 4Q‟ 13, Dec. „12. Only includes devices with 1GB capacity or more
as of 2012. **A Zetabyte is a trillion gigabytes; 1GB = 1,000,000,000bytes. Actual user storage is less.
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Mobility
More Powerful Mobile Devices
* IDC research data as appeared in New York Times Article “Cloud Computing as a Threat to Older Tech Companies”, December, 2011. SanDisk estimates and Gartner forecast: analysis – NAND Flash Update, 1Q‟12, March, 2012. Only
includes devices with 1GB capacity or more as of 2012
Connected Freedom
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2020 Vision—Era of Terabit Memories
3D Memories will be the future • 3D R/W 1Tb – 4Tb memories in production in 2020
Memory cost down to pennies / GB through technology advancements
Petabytes in your pocket…Exabytes in the cloud
Flash memory ever more pervasive
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© 2013 SanDisk Corporation. All rights reserved. SanDisk, SanDisk Ultra, SanDisk
Extreme, SanDisk Extreme Pro and Sansa are trademarks of SanDisk Corporation,
registered in the United States and other countries. SanDisk iSSD and iNAND Extreme
are trademarks of SanDisk Corporation. FlashSoft and Schooner Information Technology
are trademarks of SanDisk Enterprise IP LLC. All other brand names mentioned herein
are for identification purposes only and may be the trademarks of their respective
holder(s).
1 gigabyte (GB)=1 billion bytes. Some capacity not available for data storage. 1 megabyte
(MB)=1 million bytes. Performance may vary based on host device.