2013-08-23 10:42 AM
TOKYO--(BUSINESS WIRE)--Aug 22, 2013--Toshiba Corporation (TOKYO:6502) today held a groundbreaking ceremony in readiness for the start of construction of Phase 2 of Fab 5, the company's state-of-the-art fabrication facility (fab) at its Yokkaichi Operations memory production facility in Mie Prefecture.
Toshiba will expand Fab 5 to secure manufacturing space for NAND flash memories fabricated with next generation process technology and for 3D memories. Construction will be completed in summer next year, and decisions on equipment investments and production levels will reflect market trends.
Three fabs at Yokkaichi Operations currently mass produce NAND flash memories, including Fab 5 phase 1. Fab 5's construction was planned around two phases, the first of which went into operation in July 2011. After giving careful consideration to the balance of product supply and demand, and noting a recovery driven by growing demand for smartphones, tablets, SSD for enterprise servers, Toshiba now anticipates further medium- to long-term market expansion and recognizes that the time is right to expand Fab 5.
Going forward, Toshiba will expand business and boost competitiveness by leadership in advanced process technology and the development of new generation memories that answer market needs.
Toshiba is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba Group brings innovation and imagination to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators & elevators; and home appliances.
Toshiba was founded in 1875, and today operates a global network of more than 590 consolidated companies, with 206,000 employees worldwide and annual sales surpassing 5.8 trillion yen (US$61 billion). Visit Toshiba's web site at www.toshiba.co.jp/index.htm
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CONTACT: Toshiba Corporation
Semiconductor & Storage Products Company
Megumi Genchi / Kota Yamaji, +81-3-3457-3576
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Business Planning Division
KEYWORD: ASIA PACIFIC JAPAN
INDUSTRY KEYWORD: BUILDING SYSTEMS TECHNOLOGY CONSUMER ELECTRONICS HARDWARE SEMICONDUCTOR MOBILE/WIRELESS MANUFACTURING OTHER MANUFACTURING CONSTRUCTION & PROPERTY
SOURCE: Toshiba Semiconductor & Storage Products Company
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PUB: 08/22/2013 10:30 PM/DISC: 08/22/2013 10:30 PM