Japan flash memory maker Kioxia Corp. has decided to cut its output by 30 percent due to falling demand.
Kioxia said it plans to reduce its wafer start production volume by approximately 30 percent at its Yokkaichi and Kitakami flash memory plants, starting from October this year.
Kioxia said it will continue to review and adjust operations as needed. The company added that it will continue to conduct product development because it is confident that the flash memory market will grow in the medium-to-long term.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.