Stock Update (NASDAQ:SNDK): SanDisk Corporation Transforms the Mobile Experience With High Capacity iNAND 7232 Storage Solution

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash storage solutions, today introduced the iNAND® 7232 storage solution, a new, advanced embedded flash drive (EFD) optimized to deliver best-in-class imaging performance and superior storage capacity in flagship mobile devices. Available in capacities up to 128GB1, the iNAND 7232 storage solution enables original equipment manufacturers (OEMs) to introduce smartphones, tablets and other connected devices that feature ample storage to meet the needs of increasing consumer content while providing data-rich application experiences and next-generation digital photography capabilities.

SanDisk introduces the iNAND(R) 7232 storage solution, an advanced embedded flash drive (EFD) optimized to deliver best-in-class imaging performance and superior storage capacity in flagship mobile devices. (Photo: Business Wire)

“From North America to China, consumers are demanding higher and higher capacity storage,” said Christopher Bergey, SanDisk’s vice president and general manager of Mobile and Tablet Solutions. “Our iNAND 7232 storage solution not only enables mobile OEMs to cost-effectively deliver the robust storage mobile users want, it is also our most advanced embedded storage solution to date. It leverages new, innovative application-level storage architecture and SanDisk’s latest 15 nanometer flash storage technology to enable outstanding application experiences, terrific 4K Ultra HD video capture and digital photography experiences never before possible in flagship smartphones.”

“Smartphone and tablet users are maturing in how they use their devices. Therefore their expectations when purchasing a new smart device have also significantly risen. This puts immense pressure on mobile OEMs who must balance the need to innovate against managing their investments in order to deliver flagship devices at attractive price-points in a highly competitive market. This is particularly true in China and other high-growth markets,” said Neil Shah, research director, Devices & Ecosystems, at Counterpoint Research. “SanDisk’s iNAND 7232 EFD is the ideal solution to address this need as it enables OEMs to deliver what consumers want most outside of form factor: reliable high capacity, exceptional digital photography capabilities and great application experiences.”

Enabling Next Generation Mobile Experiences

The combination of iNAND 7232’s advanced application architecture and innovative storage technology both enhances popular current mobile photography capabilities and allows for breakthrough application experiences.

The iNAND 7232 storage solution features SanDisk’s second-generation SmartSLC technology, an innovative new storage architecture that quickly and intelligently responds on demand to mobile users’ changing needs. iNAND 7232 is SanDisk’s fastest embedded flash storage device to date. It boasts sequential write speeds of up to 150MB/s2, a 25 percent increase from the previous generation product3. The sequential write speed can further increase in the intelligent iNAND 7232 storage solution to an impressive 1.2 gigabit (Gb) per second and beyond when application performance demands it. This helps to provide fast, responsive mobile device experiences, including easy 4K Ultra HD video capture, quick downloading via 802.11ac/802.11ad and RAW photography capture even under low-light conditions. It also enhances the performance of multi-camera and depth-sensors, such as 3D, virtual reality and more.

The iNAND 7232 storage solution is built on the e.MMC 5.1+ HS400 specification, which includes Command Queue functionality. This further enhances random read speed, which results in faster responsiveness in data-intensive applications.

Advanced Memory-Level Technology

iNAND 7232 is built on SanDisk’s 15-nanometer (nm) 3-bit-per-cell (X3) NAND flash storage, the most advanced NAND flash process node in the world.


Samples of the iNAND 7232 storage solution are currently available to customers in capacities of 32GB to 128GB.

Specific features and specifications include:

  • Latest e.MMC Specification: Built on the e.MMC 5.1+ HS400 specification, which features Command Queue
  • Designed for the Latest Wi-Fi Standards: Fast transfer speed to support gigabit wireless performance; 802.11ad ready; supports 802.11ac two-by-two rates
  • Significantly Enhanced Speed Over Previous Generation: Sequential read speeds up to 280 MB/s; sequential write speeds up to 150 MB/s2
  • Incredibly Thin Form Factor Enables Integration In Slim Host Devices: Available in packages just 11.5mm4 x 13mm in size and as thin as 0.9 mm
  • Easily Integrated and Optimized to Support Fast Mobile Device Product Development Lifecycles: The iNAND 7232 storage solution is supported by advanced simulation, trouble-shooting and engineering tools that enable mobile manufacturers to quickly and easily integrate the device into mobile device designs. This offers the potential to significantly reduce the time from product development to product availability.

SanDisk at Mobile World Congress Shanghai

SanDisk also announced separately today that it has shipped more than two billion microSD™ cards since it started commercial shipment of the technology ten years ago. Invented by SanDisk in 2004, the microSD format was initially known as TransFlash™. In 2005, SanDisk contributed the technology to the SD Card Association who renamed and released the final specifications for the microSD format on July 13, 2005. This format has become the most popular removable memory card in SanDisk’s history. Collectively, SanDisk’s two billion microSD cards could store an estimated 11,103 billion megabytes (MB) worth of memory – the equivalent of more than 100MB of flash storage for every man, woman and child that ever lived on Earth.

SanDisk will be displaying its complete line of embedded and removable mobile memory solutions, including the new iNAND 7232 storage solution, in the company’s Mobile World Congress Shanghai 2015 booth (Hall 5, Booth #W5 G.90). (Original Source)

Shares of SanDisk Corp closed last Friday at $53.53. SNDK has a 1-year high of $108.77 and a 1-year low of $53.38. The stock’s 50-day moving average is $63.42 and its 200-day moving average is $73.44.

On the ratings front, SanDisk has been the subject of a number of recent research reports. In a report issued on June 22, Summit Research analyst Srinivasan Sundararajan upgraded SNDK to Buy, with a price target of $85, which represents a potential upside of 58.8% from where the stock is currently trading. Separately, on June 15, Morgan Stanley’s Joseph Moore downgraded the stock to Hold and has a price target of $75.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Srinivasan Sundararajan and Joseph Moore have a total average return of -1.1% and 13.4% respectively. Sundararajan has a success rate of 53.8% and is ranked #2854 out of 3694 analysts, while Moore has a success rate of 60.3% and is ranked #418.

The street is mostly Neutral on SNDK stock. Out of 19 analysts who cover the stock, 9 suggest a Hold rating , 8 suggest a Buy and 2 recommend to Sell the stock. The 12-month average price target assigned to the stock is $69.92, which implies an upside of 30.6% from current levels.

SanDisk Corp designs, develops and manufactures data storage solutions using flash memory, proprietary controller and firmware technologies.

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