According to Reuters, Kioxia said on Thursday (October 29) that it will build a new NAND memory chip production line in central Japan to meet the growing demand for data storage in smartphones, self-driving cars and other fields.
It is reported that the production line is Kioxia’s seventh production line and will be built in the existing factory in Yokkaichi, Japan. The first phase of the project will be completed in the spring of 2022.
Kioxia and its U.S. partner Western Digital are expected to jointly invest in the new production line, Kioxia said in a statement. However, neither company disclosed the total investment in the new plant.
According to the latest data released by TrendForce, a global market research firm, in the second quarter of this year, Kioxia and Western Digital together accounted for 32.7% of the global NAND Flash market share, surpassing the industry leader Samsung Electronics.
In terms of production capacity, Ye Maosheng, a semiconductor analyst at TrendForce, said in August that after Kioxia’s K1 plant in Iwate Prefecture joined production, the total production capacity will remain at 490 to 500K.