SanDisk obtained the license for making and selling all kinds of Memory Stick
SanDisk and Sony signed the cross-licensing agreement to extend their partnership. Earlier, in September 2001 they signed the agreement regarding Memory Stick distribution. Then in January 2003, the companies jointly developed Memory Stick PRO. Currently SanDisk owns production rights for this memory type.
The new agreement enables SanDisk to make and sell Memory Stick, Memory Stick Duo, Memory Stick with Memory Select (switchable banks) under the proprietary trademark, so the company is going to launch own Memory Stick production this quarter.
According to International Data Corporation, the Memory Stick market segment will make 25% of removable media.
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