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SanDisk quarterly revenue rises 10 percent

17
Jul
2014

(Reuters) – Memory chipmaker SanDisk reported an 11 percent rise in second-quarter revenue as its growing focus on high-end solid-state drives helped offset volatile prices for memory chips. Net income rose to $273.9 million, or $1.14 per share, in the quarter ended June 29, from $261.8 million, or $1.06 per share, a year earlier. Revenue rose to $1.63 billion from $1.48 billion. (Reporting By Lehar Maan in Bangalore; Editing by Savio DSouza)

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