November 26, 2003 – Toshiba Corp. plans to invest up to 12 billion yen to boost output at its facilities in Oita, Japan, according to several reports.
The line will primarily produce NAND flash memory chips used in consumer devices such as digital cameras. It is expected to become operational in October 2004, with maximum capacity of 3250 chips/month using 200mm wafers.
Earlier this year Toshiba hinted at the move, which will raise its fiscal 2003 capex by about 10% to 130 billion yen. The company already plans to spend 150 billion yen to build a 300mm facility in Oita, with a projected opening in 2006.