Kioxia Holdings plans to invest more than ¥1 trillion to build a new NAND flash production facility at its Kitakami plant in Iwate prefecture. President Yuji Ota will present the plan to Prime Minister Takaichi at the prime minister's official reside

2026-08-27

Kioxia Holdings plans to invest more than ¥1 trillion to build a new NAND flash production facility at its Kitakami plant in Iwate prefecture. President Yuji Ota will present the plan to Prime Minister Takaichi at the prime minister's official residence in Tokyo later today. Kioxia currently produces NAND in Yokkaichi (Mie) and Kitakami (Iwate); the new capacity is intended to meet rising AI-driven data-center demand for storage chips.