Japan METI to subsidize Kioxia and Western Digital's NAND flash memory expansion

Japan's Ministry of Economy, Trade and Industry (METI) announced a subsidy of up to 242.9 billion yen for Kioxia and Western Digital's equipment investment of about 450 billion yen at their Yokkaichi and Kitakami factories to produce advanced 3D NAND flash memory. The investment aims to strengthen production capacity for 8th-generation and 9th-generation products, with first shipments targeted for September 2025.

“経産省は2024年2月6日、キオクシアホールディングス（以下、キオクシア）とWestern Digital（以下、WD）による四日市工場（三重県四日市市）と北上工場（岩手県北上市）での先端3D NANDフラッシュメモリ量産に向けた設備投資などに対し、最大2429億円を助成すると発表した。”eetimes.itmedia.co.jp

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• eetimes.itmedia.co.jp経産省、キオクシア四日市／北上工場の設備投資に2429億円助成：先端3D NANDフラッシュメモリ生産 - EE Times JapanFeb 6, 2024

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