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With Memory Market Recovering, Kioxia Has Reportedly Ceased Production Cuts and Secured Bank Lending

By TrendForce

17 Jun 2024

According to a report from Nikkei, Japanese memory manufacturer Kioxia has ended production cuts amidst a recovery in the memory market and has secured new bank credit support. The company’s plants in Yokkaichi, Mie Prefecture, and Kitakami, Iwate Prefecture, have restored their production lines to 100% capacity, focusing mainly on NAND flash production.

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