Kioxia plans to build a new semiconductor memory manufacturing building in Iwate Prefecture, targeting mass production in fiscal 2029. It plans to invest a total of ¥5 trillion domestically over the next 6 years and strengthen production capacity across its Iwate and Mie plants. The company is moving quickly to respond to growing demand for high-speed processing memory for AI.
Kioxia Holdings officially announced plans to build a new semiconductor memory manufacturing building in Iwate Prefecture. The company is targeting the start of mass production in fiscal 2029 and has outlined an investment plan to support future growth.
Including the new building, total domestic investment over the next 6 years is expected to be approximately ¥5 trillion. The company also plans to increase production at its Mie Prefecture plant, strengthening its supply capacity in response to rising demand for high-speed processing memory for AI.
After the investment announcement, Kioxia President Hiroo Ota (太田 裕雄) was reported to have visited the Prime Minister's Office together with the CEO of its partner, SanDisk. This could lead to further development of a framework that includes cooperation with the government.