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Toshiba Memory Corporation to Make Next Investment in Production Equipment for Fab 6 at Yokkaichi

¥140 billion in additional manufacturing equipment, including deposition and etching equipment

Toshiba Corporation approved Toshiba Memory Corporation‘s (TMC) proposed investment in production equipment for the Fab 6 clean room, the next generation flash memory production facility under construction at Yokkaichi operations.

In this third round of investment, TMC will invest approximately ¥140 billion in the installation of additional manufacturing equipment, including deposition and etching equipment.

TMC, a wholly-owned subsidiary of Toshiba dedicated to the production of flash memory and related products, is constructing Fab 6 to boost output of 96-layer BiCS FLASH, its 3D flash memory. Demand for TMC’s next generation 3D flash memory is increasing on fast growing demand for enterprise SSD for datacenters and servers. TMC expects continued strong growth in 2018 and beyond, and the timing of its investment in Fab 6 positions it to capture this growth and expand its business.

As Toshiba announced on November 9, 2017, the FY17 investment plan for the storage and devices solutions segment before reclassification of the memory business as a discontinued operation was ¥600 billion. This latest announcement does not change this plan.

Additionally, there is no change to the FY2017 forecast announced on February 14, 2018, as the investment will be made during FY18.

Read also:
Toshiba Memory Corporation to Invest ¥27 Billion in Fab 6
To boost output of 3D BiCS flash chips in Yokkaichi, Jaoan
2018.02.20 | Press Release
Second Investment in Flash Memory Fab 6 by Toshiba Memory Corporation
¥110 billion
2017.10.11 | Press Release

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