Toshiba's Investing ¥7 billion In 7th NAND Fab

From Tom's Hardware: With the dust settled, the feud wiped clean with manufacturing partner Western Digital, and a $17.7 billion cash infusion from investor Bain Capital, Toshiba is ready to let loose with new memory technologies coming from new manufacturing facilities.

Toshiba currently has Fab 6 (a manufacturing facility) under construction with a completion date estimated for Q4 2018. That hasn't slowed the company from lining up a new facility in Kitakami, Japan. Toshiba announced plans to invest ¥7 billion ($1.062 billion) in site preparation and initial construction for Fab 7. The news follows other announcements this year to increase memory manufacturing at its Yokkaichi facility.

Western Digital plans to enter into an agreement with Toshiba to work together in the new Kitakami facility. Toshiba and Western Digital's joint venture will push forward (as it should) to take on rivals Samsung, Intel Micron Flash Technologies, and Sk Hynix.

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