# KIOXIA begins construction of Kitakami memory plant building with ¥1 trillion investment

KIOXIA announced construction of a new building (K2) at its Kitakami plant in Iwate, Japan, with a total investment of about 1 trillion yen (shared with Western Digital). The building has 31,000 m² floor area and is scheduled to start operations in 2023, doubling NAND memory production capacity.

- Type: New facility
- Announced: 2022-12-20
- Where: Kitakami, Iwate Prefecture, Japan
- Value: $7.50B (1000.0B JPY)
- Starts operating: 2023
- Status: under construction
- Capacity: double current NAND memory production capacity
- Products: NAND flash memory, 3D NAND (BiCS FLASH)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [dopodomani.biz](https://dopodomani.biz/en/%f0%9f%9f%a6-a-major-investment-of-1-trillion-yen-in-kioxia/), 2022-12-20: "KIOXIA announces construction of memory plant building in Iwate on a scale of 1 trillion yen."

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