Friday, December 26, 2014

Toshiba CEO says will consider overseas locations for chip plant

The logo of Toshiba Corp is seen at an electronics store in Yokohama, south of Tokyo, June 25, 2013. REUTERS/Toru Hanai



The logo of Toshiba Corp is seen at an electronics store in Yokohama, south of Tokyo, June 25, 2013.


Credit: /Toru Hanai






- Toshiba Corp will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, Chief Executive Hisao Tanaka said on Friday.

Less than four months after opening a NAND flash memory chip fabrication plant in Yokkaichi, western Japan, Tanaka told in an interview that demand is outstripping capacity and the Japanese conglomerate must expand production.


Toshiba will aim to begin production around 2017, he added.


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