Monday, February 21, 2005
Toshiba Corp. and SanDisk Corp. said they project their new flash memory chip plant in Japan to make 40,000 wafers per month by the first half of 2007.
Toshiba has dominated the NAND flash market with Samsung, but new entrants such as Hynix Semiconductor Inc. led to steep price erosion last year and prompted Toshiba to cut its full-year earnings outlook for the year ending on March 31.
The new 300mm-wafer plant is owned by Flash Partners, a joint venture formed in Sept 2004, owned 50.1 percent by Toshiba, Japan's second-biggest electronics conglomerate, and 49.9 percent by SanDisk, one of the world's biggest flash data storage card producers.
Output during each phase of expansion will be equally shared between the two companies.
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