1000180--3/15/2006--SANDISK_CORP

related topics
{customer, product, revenue}
{gas, price, oil}
{personnel, key, retain}
{operation, international, foreign}
{property, intellectual, protect}
{condition, economic, financial}
Sales to a small number of customers represent a significant portion of our revenues and, if we were to lose one of our major licensees or customers or experience any material reduction in orders from any of our customers, our revenues and operating results would suffer. Our revenue depends in part on the success of products sold by our OEM customers. Our business and the markets we address are subject to significant fluctuations in supply and demand and our commitments to our ventures with Toshiba may result in losses. We depend on our third-party subcontractors and our business could be harmed if our subcontractors do not perform as planned. There is no assurance that Flash Partners 300-millimeter NAND flash memory facility will perform as expected. From time to time, we overestimate our requirements and build excess inventories, and underestimate our requirements and have a shortage of supply, both of which harm our financial results. We may be unable to protect our intellectual property rights, which would harm our business, financial condition and results of operations. Because of our international business and operations, we must comply with numerous international laws and regulations, and we are vulnerable to political instability, currency fluctuations and other risks related to international operations. Tower Semiconductor s Financial Situation is Challenging. Our success depends on key personnel, including our executive officers, the loss of who could disrupt our business.

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