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SanDisk was founded in 1988 by Eli Harari, Sanjay Mehrotra and Jack Yuan SanDisk co-founder Eli Harari developed the Floating Gate EEPROM which proved the practicality, reliability and endurance of semiconductor-based data storage. On May 10, 2000 the Toshiba Corporation of Japan and the SanDisk Corporation said that they would jointly form a new semiconductor company to produce advanced flash memory, primarily for digital cameras.