SanDisk Corporation is a storage company most widely known for selling memory cards and USB flash drives in the consumer market. However, over the last few years it has expanded its presence in the enterprise storage segment, particularly the solid state drive division. As you can see in the table below, SSD sales grew at a tremendous pace over the last five years, with revenues jumping from only about $150 million in 2011 to nearly $2 billion in 2014. As a result, its contribution to SanDisk’s net revenue rose from 3% in 2011 to 29% in 2014. Comparatively, 2015 was a tough year for the company due to certain product qualification delays through the first half of the year and lower than anticipated demand in the enterprise storage market leading to a slowdown in enterprise SSD sales.

from Forbes – Tech http://ift.tt/247o8Re
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