Toshiba nearly a third would reduce production flash memory.

Company Toshiba intends to reduce production 30 per cent of the flash memory in a factory in the city Yokaiti, running in conjunction with the American SanDisk, reports Cnet News. The reason - the global decline in demand.
Representatives of Toshiba said that 31 December, 2008 for 13 days, stop two production lines producing flash memory cards for 300-mm substrates. Two production line memory modules for 200-mm substrates will be stopped for four days.
In SanDisk confirmed the stoppage of production in Yokaiti. Representatives of SanDisk reported that in January 2009, production will be restored to 70 percent from the current figure.
In addition, SanDisk said that continuing to negotiate with Toshiba on the restructuring of joint ventures for the production of flash memory. It is expected that the new agreement between the companies will be signed during the first quarter of 2009.
Previously, it was reported that Toshiba intends to purchase the share of SanDisk in joint ventures. For Toshiba and SanDisk are two such enterprises, 49.9 percent owned by SanDisk.