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Toshiba Memory Corporation Plans New 7th NAND Flash Facility

January 9, 2018

Toshiba Corporation is going ahead with a forward-looking plan for a new memory fabrication facility in Kitakami, Iwate prefecture.

Toshiba Memory Corporation (TMC), a wholly-owned subsidiary of Toshiba, will establish a company to operate the facility, and invest approximately ¥7 billion in site preparation and initial construction work in FY17.

The new facility, announced on September 6, 2017, will produce BiCS Flash, TMC’s proprietary flash memory. It will be TMC’s seventh fab.

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