TOKYO -- Japanese chipmaker Kioxia Holdings on Wednesday opened a new 1 trillion-yen ($6.79 billion) flash memory fab, an occasion clouded by declining demand for memory chips amid global inflation.
Semiconductors
Japan's Kioxia opens new memory fab amid market downturn
Chipmaker opts for production cut but bullish on facility investment
The seventh fab at the Yokkaichi memory complex will begin full-scale operations later this fall.
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