The Nikkan Kogyo newspaper reports – via Reuters – Japanese multinational Toshiba plans to build a new NAND flash memory plant in Japan as early as this summers in order to meet the growing demand for mobile in the country. The plant is the second part of a fifth NAND factory whose construction timetable had not been clear due to market conditions. It will start operating in 2013, but did not provide details about the size of the investment or annual capacity.
Toshiba Corporation is a Japanese multinational electronics, electrical equipment and information technology corporation headquartered in Tokyo, Japan. It is a diversified manufacturer and marketer of electrical products, spanning information & communications equipment and systems, Internet-based solutions and services, electronic components and materials, power systems, industrial and social infrastructure systems, and household appliances.