TMCnet News
Toshiba Memory Corporation to Further Invest in Production Equipment for Fab 6 at Yokkaichi OperationsToshiba Corporation (TOKYO:6502) today announced that its board of directors has approved a further investment by Toshiba Memory Corporation (TMC (News - Alert)), a wholly-owned subsidiary that manufactures Flash memory, in manufacturing equipment for the Fab 6 clean room under construction at Yokkaichi Operations. TMC will invest approximately 110 billion yen as a second investment in Fab 6 for the installation of additional manufacturing equipment in the Phase-1 clean room. Production at Fab 6 will be entirely devoted to BiCS FLASH™, Toshiba's (News - Alert) innovative 3D Flash memory. As Toshiba announced in its August 3, 2017 release "Update on Toshiba Memory Corporation's Investment in Production Equipment for Fab 6 at Yokkaichi Operations", TMC has previously invested approximately 195 billion yen in Fab 6 as its first investment covering the installation of manufacturing equipment in the Phase-1 clean room and the construction of the Phase-2 clean room. Demand for TMC's next generation 3D Flash memory devices is expeted to increase significantly due to growing demand for enterprise SSDs in datacenters, SSDs for PCs, and memory for smartphones; TMC expects this strong market growth to continue in 2018. TMC's investment timing will position it to capture this growth and expand its business.
The investment in Fab 6 will enable TMC to install manufacturing
equipment for 96-layer 3D Flash memories, including deposition and
etching equipment. TMC has recently asked SanDisk (News - Alert), its collaborator in three joint ventures for investment in manufacturing equipment at TMC's Yokkaichi Operations, whether it intends to jointly participate in this second investment for the Phase-1 clean room in the Fab 6 facility.
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