Kioxia and Western Digital announced a joint investment in the Yokkaichi plant
“We are very pleased to further deepen our strategic partnership with Western Digital through this joint investment in Y7,” said Nobuo Hayasaka, President and CEO of Kioxia. “The rapid digitization of societies underpins accelerating use of memory products. We will continue to leverage our technological partnership and economies of scale to develop and produce cutting-edge semiconductor products and achieve organic corporate growth.”
Kioxia said that it will continue to maximize the synergy effect and enhance their respective competitiveness through joint investment and development of 3D NAND flash memory according to the changing trend of the market, so as to expand the leading position of both parties in the storage field.