Kioxia cuts flash memory output by 30%
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.
Related links and articles:
News articles:
Kioxia, Western Digital to get $690 million subsidy for wafer fab
Kioxia, Western Digital agree on next JV fab
Kioxia begins construction of 3D-NAND flash fab
Flash memory price to rise on Kioxia material contamination
Kioxia announces another 3D-NAND wafer fab
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
