SanDisk has been making some waves in the industry during the past month. In early July, it was announced that SanDisk and Toshiba were spending a combined $8.2 billion USD to expand flash memory production. Of the funds earmarked, $3 billion is going to a new joint venture called Flash Alliance Ltd., while the remaining $5.2 billion is being reserved for a new 300mm fabrication facility in Yokkaichi, Japan. The plant, which is 51% owned by Toshiba, will produce an estimated 110,000 wafers per month (up from the original target of 48,750). Toshiba and SanDisk each are guaranteed 50% of total production.