Kioxia is considering building a new factory

Golden Ten Data reported on June 3 that Kioxia President Hideo Ota stated at the performance briefing held on the 2nd that the company has "initiated relevant assessment work" regarding the construction of a new plant at the Kitakami factory. The project is scheduled to begin operations after 2029 or 2030, and the company aims to meet strong market demand through capacity expansion investment. Kioxia's NAND flash memory is produced by the Yokkaichi and Kitakami factories; currently, the Kitakami factory has completed the construction of two plants.