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Kioxia delays completion of new fab due to weak demand

Kioxia delays completion of new fab due to weak demand

Posted Date: 2023-08-03

August 3, 2023 /SemiMedia/ — In line with experiences, Kioxia has postponed the completion of its second NAND flash manufacturing unit, which is presently beneath development, till 2024 as a result of decline in world demand for 3D NAND flash reminiscence.

The report identified that the manufacturing unit is positioned in Kitakami and was initially deliberate to be accomplished in 2023, however as a result of weakening market demand for 3D NAND, the completion time needed to be postponed.

As well as, the particular completion and commissioning time of the Y2 manufacturing unit, which Kioxia broke floor in April 2022, has not but been decided. Kioxia mentioned that the beginning of manufacturing might be decided in keeping with market circumstances.

The report identified that in the course of the pandemic, demand for NAND flash reminiscence utilized in smartphones and private computer systems elevated, however the market development reversed in 2022. Affected by this development, Kioxia has diminished the output of its Y1 manufacturing unit in Kitakami and the manufacturing unit in Yokkaichi, Mie Prefecture, Japan by 30% since October 2022.