Kioxia and Sandisk to Invest Over $31 Billion in Japan, Extending Leadership in Memory Industry
Sandisk and Kioxia announced plans to invest over $31 billion in Japan through 2032 to expand production of NAND flash memory, contingent on government support. The capital will fund infrastructure buildout at the Yokkaichi and Kitakami plants, aiming to meet rising demand from AI and data-driven applications.
Key figures
- Planned investment jpy
- approximately 5 trillion yen
- Planned investment usd
- over $31 billion
- Historical investment japan
- $50 billion (approximately 9 trillion yen)
AI analysis
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