Toshiba to spend billions on new chip factory: report

Feb 10, 2010
The logo of Japanese firm Toshiba is seen in central Tokyo. The company plans to spend almost nine billion dollars to build a new factory producing memory chips for mobile telephones, cameras and other electronics, a report said Wednesday.

Japan's Toshiba plans to spend almost nine billion dollars to build a new factory producing memory chips for mobile telephones, cameras and other electronics, a report said Wednesday.

The Japanese electronics giant aims to be the top supplier of NAND flash memory chips with the 800-billion-yen (8.9-billion-dollar) factory in Mie prefecture in western Japan, the Nikkei business newspaper said without citing sources.

Construction of the plant will begin as early as mid-2010, with Toshiba aiming to start production in the first half of next year, the Nikkei said.

In a brief statement, Toshiba said it was still considering how much to invest and when to start building the plant.

"We will carefully analyse the market conditions before reaching our decision," Toshiba said.

Toshiba's memory chip business, previously a drag on earnings, has staged a sharp recovery on surging global demand for flash memory chips often used for mobile gadgets and other high-tech digital products such as iPods.

As a result, the company has decided to partially resume plans, frozen due to the , to build new factories, the Nikkei said.

The new plant is expected to almost double Toshiba's monthly NAND production capacity from about 260,000 wafers to about 500,000, making it the top maker of the chips, ahead of South Korea's , it said.

Explore further: Ultralow-power RFID transponder chip in thin-film transistor technology on plastic

add to favorites email to friend print save as pdf

Related Stories

Toshiba to launch 32nm process NAND flash memory

Apr 27, 2009

Toshiba Corporation today announced that it will start shipping NAND flash memory products fabricated with 32nm process technology. Samples of the world's first 32nm generation, 32-gigabit (Gb) single chips (4 gigabytes (GB)), ...

Toshiba Takes NAND Flash Memory to 4Gb Level

Apr 14, 2004

Toshiba America Electronic Components, Inc. (TAEC)*, and its parent Toshiba Corp. (Toshiba), reinforcing the company's leadership in the development and fabrication of powerful, high capacity NAND flash memory, today introduced ...

Japan's Toshiba still in red

Jul 29, 2009

Japanese high-tech giant Toshiba said Wednesday it had lost more than 600 million dollars in the fiscal first quarter as the economic downturn hit sales of televisions and other electronics.

Toshiba to cut costs by $3.5 bln

May 24, 2009

Japanese electronics giant Toshiba plans to reduce fixed costs 10 percent more than previously announced, a news report said on Sunday.

Recommended for you

Impoverished North Korea falls back on cyber weapons

8 hours ago

As one of the world's most impoverished powers, North Korea would struggle to match America's military or economic might, but appears to have settled on a relatively cheap method to torment its foe.

Five ways to make your email safer in case of a hack attack

8 hours ago

The Sony hack, the latest in a wave of company security breaches, exposed months of employee emails. Other hacks have given attackers access to sensitive information about a company and its customers, such as credit-card ...

2012 movie massacre hung over 'Interview' decision

9 hours ago

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

Kazik
not rated yet Feb 12, 2010
There is a site - http://www.ProductFrom.com - where you can check country of origin of different products (electronics, computers, audio, TV, other). If you compare 10 items - more than 5 of them are made in China.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.