Kioxia Corporation announced it has begun site preparation for Fab3, a new state-of-the-art manufacturing facility at the Kitakami Plant in Iwate Prefecture, Japan. The facility will expand production capacity for advanced three-dimensional flash memory Bi CS FLASH. Fab3 will be constructed on land south of Fab2, with operations targeted to commence in fiscal 2029.

The flash memory market is expected to grow significantly, driven by agentic AI, physical AI, and on-device AI. Through Fab3, Kioxia aims to meet rising demand by expanding production and ensuring stable supply of cutting-edge flash memory products.

Detailed plans for Fab3, including construction schedule and equipment investments, will be determined based on market trends. Investment plans are contingent upon government support. Under its mission to "uplift the world with 'memory,'" Kioxia remains committed to capturing growing demand, making strategic capital investments, and pursuing steady and sustainable growth.

Source: TechPowerUp News