Kioxia to Complete Acquisition of Chubu Toshiba Engineering
This acquisition brings in-house a highly experienced engineering team while also enabling cost efficiencies, which together will improve the enterprise value of the company. The acquisition will enhance Kioxia’s technology development capabilities, as well as deliver synergies across the design, operation and production of its manufacturing plants.
Going forward, Chubu Toshiba Engineering Corporation will operate as a wholly owned subsidiary of Kioxia Corporation under the name of Kioxia Engineering Corporation.
Kioxia is cultivating a new era of memory with its world class solutions, as it strives towards the mission of “uplifting the world with memory”. The company remains committed to developing initiatives to strengthen the competitiveness of its memory and SSD business.
About Kioxia Engineering Corporation
Headquarters: Nagoya City, Aichi Prefecture, Japan
Representative: Kunio Yamada, President
Founded: February 1, 1992
Outline of Business:
· Engineering services related to semiconductor development, design and manufacturing
· Development and operation of semiconductor CIM systems
About Kioxia
Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220531006102/en/
Website: https://www.kioxia.com/en-jp/top.html
View Korean version of this release
Contact
Kioxia Holdings Corporation
Kota Yamaji
Public Relations
81-3-6478-2319
kioxia-hd-pr@kioxia.com
This news is a press release provided by Kioxia Holdings Corporation. Korea Newswire follows these editorial guidelines.
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2023년 4월 14일 13:20