PEs
Universities
Inventors
Licensed IP

Invention
Gap

Aggregators

Acquired IP

What is
your
strategy?

(including from vendors)

Is this
sufficient?

In-House IP

Robust Portfolio
(including assets from
diverse sources)

(developed by company)

Current Portfolio

Future Portfolio
Threat of New Entrants

Bargaining Power of
Suppliers

Rivalry Among
Existing
Competitors

Threat of Substitute Products
or Services

Bargaining Power of
Buyers
•
•
•
•













Source: SanDisk 2011 Q4 10-Q
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011

Licensing revenue in $M

$600

$500

$400

$300

$200

$100

$0
Ice dec03 03-billy
Ice dec03 03-billy
Ice dec03 03-billy
Ice dec03 03-billy
Ice dec03 03-billy
Ice dec03 03-billy
Ice dec03 03-billy
Ice dec03 03-billy

Ice dec03 03-billy