ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Kioxia Announces Expansion of Yokohama Technology Campus and New Research Center to Strengthen Research and Technology Development and Promote Open Innovation

Kioxia Corporation, the world leader in memory solutions, today announced a 20 billion yen investment to expand its Technology Development Building at its Yokohama Technology Campus and to establish its new Shin-Koyasu Advanced Research Center. The new facilities are expected to be operational by 2023 and will strengthen Kioxia’s research and technology development by bringing together its R&D sites in Kanagawa Prefecture to improve efficiency and to create a more conducive working environment for innovation through collaboration.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210512006128/en/

Artist's impression of Yokohama Technology Campus Technology Development Building (Graphic: Business Wire)

Artist's impression of Yokohama Technology Campus Technology Development Building (Graphic: Business Wire)

At the Yokohama Technology Campus, the expanded Technology Development Building will nearly double the space of the current facility, allowing Kioxia to expand its product evaluation capabilities that will, in turn, increase its product quality. The expanded facility will also provide space for an increased workforce to strengthen product development in the future. The new building will also feature an environmentally friendly design with highly efficient energy-saving equipment.

The Shin-Koyasu Advanced Research Center will feature a clean room which will be used for a wide range of research, with a particular focus on materials and new processes.

By investing in these facilities, Kioxia aims to strengthen its flash memory and SSD technology development capabilities to meet increasing demand around the world and to create innovative memory technologies and products that provide new value.

Under its mission of uplifting the world with memory, Kioxia is focused on cultivating the new era of memory. Kioxia remains committed to enhancing its position in the memory and SSD industry through capital investment and research and development that reflect market trends.

Yokohama Technology Campus Technology Development Building (tentative name)

Location: Kasama 2-chome, Sakae-ku, Yokohama-shi, Kanagawa Prefecture

Building scale: 6 stories

Total floor area: Approx. 40,000m2

Scheduled start of construction: Autumn 2021

Scheduled completion: Summer 2023

Shin-Koyasu Advanced Research Center (tentative name)

Location: Moriya-cho 3-chome, Kanagawa-ku, Yokohama-shi, Kanagawa Prefecture

Building scale: 4 stories

Total floor area: Approx. 13,000m2

Operation schedule: Summer 2023

About Kioxia

Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.