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Report: Toshiba, SanDisk to jointly fund NAND plants

Posted: 20 Feb 2008 ?? ?Print Version ?Bookmark and Share

Keywords:Toshiba SanDisk fund? NAND? new plants?

The Nikkei business daily reported this week (Feb. 18) that Toshiba Corp. and SanDisk Corp. will jointly infuse about $16.7 billion in the building of two NAND flash memory facilities in Japan. Construction of the new facilities will reportedly commence in April. Operation of the facilities in full capacity is said to be scheduled for April 2013.

Nikkei reported that Toshiba will decide on the construction of the facilities by the end of the week.

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