# Toshiba to invest ¥7 billion in new semiconductor plant in Iwate

Toshiba announced a ¥7 billion preliminary investment for a new semiconductor plant in Kitakami, Iwate Prefecture, to mass-produce next-generation 3D memory. Construction is planned for 2018, with mass production starting in 2020.

- Type: Investment
- Announced: 2017-12-21
- Where: Kitakami, Iwate Prefecture, Japan
- Value: $62.0M (7.00B JPY)
- Starts operating: 2020
- Status: announced
- Products: 3D NAND flash memory
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Toshiba](https://endata.com/companies/8893.md)
- [Toshiba Memory Corporation](https://endata.com/companies/27192.md)

## Sources

- [sankei.com](https://www.sankei.com/article/20171221-NUX6NZFO7JL2RBFOYRDHGB74EA/), 2017-12-21: "新工場は３０年中に着工し、３２年から次世代の３次元メモリーの量産を開始したい考えだ。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.