Toshiba to build fifth NAND fab in Japan
Toshiba Corp. will build its fifth NAND flash fab in Iwate in northeastern Japan, with a total investment >¥700B, the Japanese daily Asahi Shimbun reported Thursday.
Just as NAND prices fall, Toshiba, the No.2 producer, announces it will invest $5 billion investment in its semiconductor operation for the fiscal years 2010, 2011 and 2012, with the main part of that going to the fifth NAND fab on its Yokkaichi site.