Kioxia unit Kioxia Corp, Sandisk plan over USD 31 billion Japan investment through 2032
SNDK•Aim is to expand NAND flash output
The plan aims to expand NAND flash output to meet AI-driven demand, support multi-year bit growth and maintain stable supply.
The partnership has invested over USD 50 billion in Japan over 25 years, and the joint venture framework at Yokkaichi runs through December 2034.
Planned investment in Japan through 2032
Kioxia Corp, a Kioxia Holdings unit, outlined planned investments with Sandisk of over USD 31 billion in Japan through 2032.
Spending targets build out at the Yokkaichi plant, the Kitakami plant and related infrastructure, subject to Japanese government support.
Related News
Nasdaq Verafin partners with Q6 Cyber to add dark web fraud intelligence to bank platform
NDAQ•
XCF Global targets ramp-up at New Rise Reno plant toward 38 million gallons per year capacity
SAFX•
