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Toshiba, SanDisk Announce Start of Equipment Installation at Yokkaichi's New Fab 2

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Toshiba
Corporation (OTC: TOSBF) and SanDisk Corporation (NASDAQ: SNDK)
announced the start of equipment installation in the New Fab 2 facility
at Yokkaichi Operations. New Fab 2 is primarily intended to provide the
clean room space necessary to transition a significant portion of the
current Yokkaichi 2D NAND capacity to 3D flash memory. The companies
also signed definitive agreements for joint manufacturing of 3D flash
memory and investment in New Fab 2.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20151020006921/en/

New Fab2 at Toshiba Yokkaichi Operations (Photo: Business Wire)

Seiichi Mori, Corporate Senior Vice President of Toshiba Corporation and
President and CEO of Semiconductor & Storage Products Company, said,
"The

See full press release

 

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