Toshiba Corp will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, Chief Executive Hisao Tanaka said on Friday.

Less than four months after opening a NAND flash memory chip fabrication plant in Yokkaichi, western Japan, Tanaka told Reuters in an interview that demand is outstripping capacity and the Japanese conglomerate must expand production.

NAND memory chips are used in smartphones and other electronic devices. "Samsung already has a factory in China, in Xian, and Hynix has one, too," Tanaka said.

Pressed on whether China would be the best overseas location, he added: "But Samsung has a plant in the United States, as well."

Toshiba will aim to begin production at the new facility around 2017, he said, adding that domestic locations would also be an option.

By: DocMemory
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