Toshiba: To Boost NAND Flash Memory Capacity In Yokkaichi

Monday, March 22, 2010

TOKYO -(Dow Jones)- Toshiba Corp. (6502.TO) said Tuesday it will boost its NAND flash memory production capacity by building a fifth manufacturing facility at its Yokkaichi plant in central Japan.

Construction of the new facility is scheduled to begin in July and completed in the spring of 2011. Toshiba said the amount it will invest in the facility, its production capacity and the detailed production plan will be decided at a later date.

Demand for NAND flash-memory chips is brisk because the technology has become the de facto standard for storing data in products such as digital cameras. NAND memory chips are also increasingly being used in products such as laptops and video recorders.

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