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SanDisk to Team With Toshiba on New $5 Billion Japanese Plant

Authored by Mark Hefflinger on August 4, 2006 - 12:21pm.
Milpitas, Calif. - Japanese electronics giant Toshiba said on Friday that it will team with Milpitas, Calif.-based SanDisk to build a new $5.2 billion flash memory plant in Japan. The companies have jointly operated a Japanese plant for the past year, but said that rapid growth in the flash memory market from the proliferation of products such as MP3 music players and mobile phones has necessitated a larger facility. The new facility, to be known as Fab 4, is expected to be operational by late 2007, with an initial capacity of 2,500 wafers a month. By late 2008, the companies said that the plant will be able to produce 67,500 wafers a month.

http://biz.yahoo.com/bw/060804/20060803005775.html?.v=1
http://www.sandisk.com
tags: Tech | Career | CE | Investing | Toshiba | Storage | Japan | SanDisk | Memory | Joint Ventures | Chips |



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