Kioxia and western digital jointly invest in new flash memory manufacturing facility in yokkaichi plant

Tokyo & san jose, calif.--(business wire)--kioxia corporation and western digital corp. (nasdaq: wdc) have finalized a formal agreement to jointly invest in the first phase of the fab7 (y7) manufacturing facility at kioxia's industry-leading yokkaichi plant in the mie prefecture of japan. with construction of the first phase of y7 completed, the joint-venture investment will enable initial production output beginning in the fall of this year. this marks another important milestone in the 20-yea
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