# Kioxia and Western Digital JV receives up to 92.9 billion yen subsidy for Yokkaichi Fab 7

Kioxia Corporation and Western Digital Corporation announced that their joint venture Fab7 manufacturing facility at Yokkaichi Plant has been approved to receive up to 92.9 billion yen subsidy from the Japanese government. The first phase of Fab7 is completed, with initial production output expected in fall 2022.

- Type: Investment
- Announced: 2022-07-26
- Where: Yokkaichi, Mie Prefecture, Japan
- Value: $680.0M (92.9B JPY)
- Starts operating: Q3 2022
- Status: under construction
- Products: 3D flash memory, NAND flash memory
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Western Digital](https://endata.com/companies/21541.md) (partner)
- [Kioxia Corporation](https://endata.com/companies/50829.md) (partner)

## Sources

- [westerndigital.com](https://www.westerndigital.com/en-in/company/newsroom/press-releases/2022/2022-07-26-kioxia-and-western-digitals-join-venture-to-receive-government-subsidy), 2022-07-26: "We appreciate the support of the Japanese government and will continue to produce cutting-edge flash memory which is indispensable for a digital society where cloud services, 5G communications, IoT, AI and automated driving are expanding."

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