Kioxia, Western Digital to invest $4.9bn in cutting-edge memory chips

Japanese government will financially support joint production

20240206 Kioxia

Japan's industry ministry will provide 243 billion yen in funding for the mass production of cutting-edge memory chips by Kioxia Holdings and Western Digital. 

Nikkei staff writers

TOKYO -- Japan's industry ministry said Tuesday it will help fund the mass production of cutting-edge memory chips by Kioxia Holdings and Western Digital (WD).

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