Friday, February 8, 2008
Toshiba said it will spend more than ¥700 billion (US$6.6 billion) to build a new NAND flash memory factory in northern Japan..
The new plant in Iwate Prefecture will start mass production in the business year starting in April 2009.
Toshiba is the world's second-biggest maker of NAND flash memory behind Samsung Electronics..
NAND-type flash memory is widely used for data storage in portable electronics such as Apple Inc's iPod digital media player devices.
As recently as last month, Toshiba was forecasting weaker demand for NAND flash memory.
By: DocMemory
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