Sandisk plans assembling plant in Shanghai

US-BASED SanDisk Corporation said today it plans to build an assembling and testing plant in Shanghai

The plant, with an investment of US$100 million, is needed to meet the increasing demand for memory cards for mobile phones and cameras.

The world's biggest supplier of flash memory data storage card products entered the mainland market in April 2004.

By the end of last year, China was home to 455 million mobile phone users.