Kioxia to Reduce Wafer Start Production Volume of Flash Memory by 30% in Japan

Kioxia Corporation announced production adjustments at its Yokkaichi and Kitakami flash memory plants in Japan.

It will reduce its wafer start production volume by approximately 30%, starting this month.

By adjusting production in line with current market conditions, it will better manage production and sales. It will continue to review and adjust operations as needed.

Kioxia will continue to lead in new product development and target sustainable long-term growth, as it remains confident in the medium to long term growth outlook for the flash memory market.