Sandisk sells their factories for memory chip fabrication

Sandisk have announced their intention to get rid of their memory chips production factories and to give control to Toshiba that is its partner in this sector of activity.
Thus they will recover money which they need but will become dependent on others to manufacture their products. In the current situation this does not pose any problem, but if the tendency changes in this market that is currently a disaster then things will be harder for them.
This inversion of tendency could occur more quickly than envisaged because of the bankruptcy of Quimonda which produced 7% of the memory chips in this market. The other manufacturers are in the process recovering their orders and this has already caused a stabilization between offer and demand.