Next flash plant for Toshiba, SanDisk in the works

Iria · Jul 7, 2006, 01:53 PM

Source: News.com
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Toshiba and SanDisk plan to jointly spend about 600 billion yen ($5.2 billion) to build a new flash memory plant in Japan to better compete with rival Samsung Electronics, Japanese newspapers reported Friday.

The Asahi and Sankei dailies said the two companies will build a NAND-type flash memory factory in the Iwate prefecture in northern Japan and begin operations there in the 2008-2009 fiscal year.

Toshiba, the world's No. 2 maker of NAND flash memory after Samsung, said in May that it planned to build its fifth factory for such chips to meet fast-growing demand. A company spokesman said on Friday that no details regarding its fifth plant had yet been decided.

Jul 7, 2006, 01:53 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	Next flash plant for Toshiba, SanDisk in the works Source: News.com ___________ Toshiba and SanDisk plan to jointly spend about 600 billion yen ($5.2 billion) to build a new flash memory plant in Japan to better compete with rival Samsung Electronics, Japanese newspapers reported Friday. The Asahi and Sankei dailies said the two companies will build a NAND-type flash memory factory in the Iwate prefecture in northern Japan and begin operations there in the 2008-2009 fiscal year. Toshiba, the world's No. 2 maker of NAND flash memory after Samsung, said in May that it planned to build its fifth factory for such chips to meet fast-growing demand. A company spokesman said on Friday that no details regarding its fifth plant had yet been decided.