ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Toshiba Memory rejoins global chip race with $4.5bn plant

New opening signals reconciliation with Western Digital but headwinds still strong

The new fabrication plant at Toshiba Memory's Yokkaichi facility will produce cutting-edge memory chips, but demand is starting to slow.

TOKYO -- Toshiba Memory on Wednesday marked the opening of a cutting-edge chip fabrication plant, signaling a return to the race against Samsung Electronics and other rivals, but it now faces a changed business landscape weighed down by oversupply.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more