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Kioxia and Sandisk Partner to Invest Over $31 Billion in New NAND Production in Japan

Aug 28, 2026•about 3 hours ago

Contract Type

partnership

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Description

Kioxia and Sandisk have announced a joint investment of more than $31 billion to boost NAND output in Japan, bolstered by support from the Japanese government. This collaboration aims to enhance the development and manufacturing of next-generation memory semiconductors, further contributing to advancements in an AI-driven society.

Company Information

Company

Kioxia

About

Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.

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