Kioxia and SanDisk to Invest Over $31 Billion in Japan

Kioxia and SanDisk have announced plans for a major investment totaling over $31 billion (approximately 5 trillion yen) in Japan, contingent upon support from the Japanese government. The investments will extend through 2032 and will further strengthen the partnership between Kioxia and SanDisk. These investments will support the ongoing buildout of infrastructure at the Yokkaichi Plant and the Kitakami Plant, along with related infrastructure and technology.