Due to technological innovation, the amount of data being generated, stored and used around the world has increased exponentially.
The flash memory market is expected to continue to grow, driven by cloud services, 5G, IoT, AI, and automated driving. This expansion will ensure KIOXIA continues to meet the increasing demand for memory around the world.
Today’s news follows the company’s recent announcement that it will also be constructing Fab 7 at its Yokkaichi Plant in Mie Prefecture beginning in spring of 2021, further boosting KIOXIA’s production capacity by introducing an advanced manufacturing system that utilises AI.
Under its mission of uplifting the world with memory, KIOXIA is focused on cultivating the new era of memory. KIOXIA remains committed to enhancing its position in the memory industry through capital investment and research and development that reflect market trends.