TOKYO-Thursday 29 October 2020 [ AETOS Wire ]
(BUSINESS WIRE) -- Kioxia Corporation, the world leader in memory solutions, today announced it will begin construction of a state-of-the-art fabrication facility (Fab7) at Yokkaichi Plant in Mie Prefecture, Japan to expand production of its proprietary 3D Flash memory BiCS FLASHTM. The construction of Kioxia Corporation’s Fab7 facility is expected to commence in the spring of 2021.
Due to technological innovation, the amount of data being generated, stored and used around the world has increased exponentially. Furthermore, the flash memory market expects further growth driven by cloud services, 5G, IoT, AI and automated driving. As a result, the production of cutting-edge products in Kioxia Corporation’s Fab7 facility will continue to meet the increasing demand for memory around the world.
The Fab7 facility will be built on the north side of Yokkaichi Plant, where land development is underway. In orde
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