Toshiba Corp and SanDisk Corp said on April 05 they will build a new flash memory plant in Japan in anticipation of further growth in demand for music phones and other gadgets, announcing their second expansion plan in three months.
Production at the new 300-mm wafer fabrication plant, to be located at Toshiba's manufacturing complex in Yokkaichi, western Japan, will begin in the final quarter of 2007, they said in a statement.
A Toshiba spokeswoman declined to disclose the size of the investment, reported at around 500 billion yen ($4.28 billion) by Japanese business daily Nihon Keizai last month.
In February, Tokyo-based Toshiba and SanDisk, its Sunnyvale, California-based partner in NAND flash production, announced plans to boost processing capacity at the existing NAND flash memory plant to 70,000 units a month by March 2007, up from the previous target of 48,750 units.
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