- the connected cars installed base will be more than nine times larger than that of 2015; 2
- "80 percent of all new vehicle models in mature markets will have data connectivity; 30% of connected-vehicle models will have built-in, function-level, over-the-air software update capabilities"; 3 and
- well over one billion connected automotive subsystems will be shipped. 2
The new SD card offers a new suite of smart features. These include enhanced power failure protection, a memory health status monitor, OEM customization capabilities, and enhancements for read-intensive applications, such as navigation. With these features, automotive manufacturers can designate and program a SanDisk Automotive SD card for use exclusively with a specific connected application. Manufacturers can also remotely and proactively monitor the easily removable SD card to ensure that it is operating at its ideal performance level or to identify when card upgrades or replacements are needed."Quality and reliability are absolutely critical in the automotive industry. SanDisk's newest automotive solution with smart features enables our OEM customers to bring exceptional quality, customizable flash storage to a wide range of connected car applications and provides the ability to continue to ensure that the applications performs at their best well after the car drive off the lot," said Frank Hartwig, chief executive officer of CDA. "Cardwave works extensively with automotive customers, offering solutions for the ever-growing needs of the connected car. The automotive grade solutions from SanDisk provide Cardwave customers with innovative, cost-effective and robust flash storage to meet the demands for the next generation of connected car applications and sub-systems," said Paul Norbury, chief executive officer of Cardwave. Optimized Solutions for Connected Industrial Applications SanDisk's new smart features will be available in SanDisk Industrial and SanDisk Industrial XT SD card solutions. These industrial-grade cards are intended for use by OEMs in market segments that demand high endurance and reliability even in extreme temperatures, including factory applications, industrial computing, utilities, medical equipment, robotics, point-of-sale solutions, large-scale printing, and many other applications. The inclusion of the new features enables OEMs to better manage the intensive data demands of a variety of applications in the industrial market, from commercial drones to industrial gateway systems to security cameras and more. Availability Samples of SanDisk Automotive, SanDisk Industrial and SanDisk Industrial XT SD card solutions with the new smart features will be available in March in the United States and Europe, in capacities up to 64GB. 4 For additional product details, specifications and information visit www.sandisk.com/oem-design or contact a SanDisk sales representative. The new solutions will also be part of a full line of SanDisk flash storage solutions on display at the Embedded World, Hall 4, Stand #4A-448. About SanDisk SanDisk Corporation (NASDAQ: SNDK), a Fortune 500 and S&P 500 company, is a global leader in flash storage solutions. For more than 27 years, SanDisk has expanded the possibilities of storage, providing trusted and innovative products that have transformed the electronics industry. Today, SanDisk's quality, state-of-the-art solutions are at the heart of many of the world's largest data centers, and embedded in advanced smartphones, tablets and PCs. SanDisk's consumer products are available at hundreds of thousands of retail stores worldwide. For more information, visit www.sandisk.com. SanDisk Forward Looking Statements This news release contains certain forward-looking statements, including expectations for growth of the Internet of Things, expectations for connectivity in automobiles and expanded storage requirements of automobiles, and expectations for product capacities, form factor, availability and performance that involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Risks that may cause these forward-looking statements to be inaccurate include among others: industry trends such as the growth of Internet of Things and expanding connectivity of automobiles and storage capacity in automobiles may not develop as we expect, products may not be available in the time frame we expect or contain capacities, form factor and performance characteristics that we expect, and the other risks detailed from time-to-time in SanDisk's Securities and Exchange Commission filings and reports, including, but not limited to, our annual report on Form 10-K for the year ended January 3, 2016. This news release contains information from third parties, which reflect their projections as of the date of issuance. All statements made in this news release are made only as of the date of this release. SanDisk undertakes no obligations to update the information in this release in the event facts or circumstances change after the date of this release.
1 Available in SD format SanDisk Industrial and SanDisk Industrial XT solutions. 2 Gartner, "Forecast: Internet of Things — Endpoints and Associated Services, Worldwide, 2015," October 29, 2015 3 Gartner, "Predicts 2016: Automobiles Become Digital Endpoints in the Era of Smart Mobility," Thilo Koslowsk, November 17, 2015 4 GB = 1,000,000,000 bytes. Actual user storage less.© 2016 SanDisk Corporation. All rights reserved. SanDisk is a trademark of SanDisk Corporation, registered in the United States and other countries. SD is a trademark of SD, LLC.