Reported about 1 year ago
After enduring a 20-month production cut, Kioxia, a Japanese memory chip manufacturer, has finally ended the policy as the memory chip market rebounds. The two factories of Kioxia, located in Mie Prefecture and Iwate Prefecture, have restored full capacity production in June. The company's improved performance has led banks to provide new loan facilities, ensuring Kioxia has enough funds to acquire the latest manufacturing equipment. Kioxia is now considering an IPO amid the positive market conditions.
Source: YAHOO