(PR) Toshiba and Western Digital to Jointly Invest in Flash Manufacturing Facility in Kitakami, Japan
Toshiba Memory Corporation and Western Digital Corp. personal finalized a proper agreement to collectively make investments within the “K1” manufacturing facility that Toshiba Memory is currently establishing in Kitakami, Iwate Prefecture, Japan. The K1 facility will manufacture 3D flash memory to purple meat up rising query for storage in purposes equivalent to recordsdata centers, smartphones and self reliant autos. Constructing of the K1 facility is anticipated to be executed within the topple of calendar 2019. The companies’ joint capital investments in equipment for the K1 facility will enable initial production output of ninety six-layer 3D flash memory beginning in calendar 2020, with meaningful output expected to originate later within the year.
Toshiba Memory and Western Digital will continue to domesticate and prolong their leadership of their respective memory companies by actively growing initiatives aimed at strengthening know-how competitiveness, advancing joint pattern of 3D flash memory, and making capital investments in conserving with market trends.