Toshiba and Western Digital Celebrate the Opening of New Fab 2 Semiconductor Fabrication Facility in Yokkaichi, Japan
July 15 2016 - 4:00AM
Business Wire
Toshiba Corporation (TOKYO:6502) and Western Digital Corporation
(NASDAQ:WDC) today celebrated the opening of the New Fab 2
semiconductor fabrication facility located in Yokkaichi, Mie
Prefecture, Japan.
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New Fab2, Yokkaichi Operations (Photo:
Business Wire)
Expanded use of flash memory in smartphones, SSDs, and other
applications is driving continued growth of the global flash memory
market. The New Fab 2 facility will support the conversion of the
companies’ 2D NAND capacity to 3D flash memory, allowing
realization of solutions offering higher densities and better
device performance.
Construction of New Fab 2 began in September 2014. Following
partial completion of the facility in October 2015, Toshiba and
SanDisk (acquired in May 2016 by Western Digital Technologies Inc.,
a wholly owned subsidiary of Western Digital Corporation) worked
together to implement leading-edge manufacturing capabilities for
mass production of 3D flash memory, and first-phase production
started in March of this year. The parties intend to further invest
to expand production capacity over time, depending on market
conditions.
In addition, Yokkaichi operations will leverage the site-wide
integrated production system, which employs big data processing to
analyze over 1.6 billion data points each day, to further improve
manufacturing efficiency and the quality of 3D flash memory.
The parties are committed to working together to enhance the
value they offer to customers and to continue innovation as market
leaders.
Satoshi Tsunakawa, President and CEO of Toshiba Corporation,
said, “Advanced technologies underline our commitment to respond to
continued demand as an innovator in flash memory. We are enhancing
manufacturing efficiency and the quality of our world-class
facility. Building on that, we also plan investments of as much as
860 billion yen by FY2018, in line with market situation. Our
commitment is firm, and we are confident that our joint venture
with Western Digital will produce cost competitive next generation
memories at Yokkaichi.”
Steve Milligan, Chief Executive Officer of Western Digital,
said, “As a leader in non-volatile memory products and solutions,
we are excited to be entering the 3D NAND era with our partner
Toshiba. The New Fab 2 enables us to begin the conversion of our
existing 2D NAND capacity to 3D NAND and continues our
long-standing presence in Yokkaichi, Mie Prefecture, and
Japan.”
Overview of the New Fab 2Structure of building: 2-Story
steel frame concrete, five floorsBuilding area: Approximately
27,600m2Start of construction: September 2014Building completion:
July 2016
About ToshibaToshiba Corporation, a Fortune Global 500
company, channels world-class capabilities in advanced electronic
and electrical product and systems into three focus business
fields: Energy that sustains everyday life, that is cleaner
and safer; Infrastructure that sustains quality of life; and
Storage that sustains the advanced information society.
Guided by the principles of The Basic Commitment of the Toshiba
Group, “Committed to People, Committed to the Future”, Toshiba
promotes global operations and is contributing to the realization
of a world where generations to come can live better lives.
Founded in Tokyo in 1875, today’s Toshiba is at the heart of a
global network of 550 consolidated companies employing 188,000
people worldwide, with annual sales surpassing 5.6 trillion yen
(US$50 billion). (As of March 31, 2016.)To find out more about
Toshiba, visit www.toshiba.co.jp/index.htm
About Western DigitalWestern Digital Corporation
(NASDAQ:WDC) is an industry-leading provider of storage
technologies and solutions that enable people to create, leverage,
experience and preserve data. The company addresses ever-changing
market needs by providing a full portfolio of compelling,
high-quality storage solutions with customer-focused innovation,
high efficiency, flexibility and speed. Our products are marketed
under the HGST, SanDisk and WD brands to OEMs, distributors,
resellers, cloud infrastructure providers and consumers. For more
information, please visit www.hgst.com, www.wd.com, and
www.sandisk.com.
Western Digital Forward-Looking StatementsThis news
release contains certain forward-looking statements, including
statements about demands for 2D and 3D flash memory, intended use
of New Fab 2, higher capacity and performance, further investment
in production capacity, improvements in manufacturing efficiency,
value enhancement, continued innovation, market position and our
continued strategic collaborations and partnerships. There are a
number of risks and uncertainties that may cause these
forward-looking statements to be inaccurate including, among
others: volatility in global economic conditions; business
conditions and growth in the storage ecosystem; impact of
competitive products and pricing; market acceptance and cost of
commodity materials and specialized product components; actions by
competitors; unexpected advances in competing technologies; our
development and introduction of products based on new technologies
and expansion into new data storage markets; risks associated with
acquisitions, mergers and joint ventures; difficulties or delays in
manufacturing; and other risks and uncertainties listed in the
company’s filings with the Securities and Exchange Commission (the
“SEC”), including the company’s Form 10-Q filed with the SEC on May
9, 2016, as well as SanDisk’s Form 10-Q filed with the SEC on May
2, 2016, to both of which your attention is directed. We do not
intend to update the information contained in this release.
© 2016 Western Digital Corporation. Western Digital, WD and
SanDisk are registered trademarks or trademarks of Western Digital
Corporation or its affiliates in the U.S. and/or other countries.
Other trademarks, registered trademarks, and/or service marks,
indicated or otherwise, are the property of their respective
owners.
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Toshiba CorporationStorage & Electronic Devices Solutions
CompanyKoichi Tanaka / Kota YamajiCommunications & IR
GroupBusiness Planning DivisionPhone:
+81-3-3457-3576semicon-NR-mailbox@ml.toshiba.co.jporWestern Digital
CorporationMedia Contact: Jim PascoePhone: +1-408-717-6999Email:
Jim.Pascoe@wdc.comorInvestor Contact:Bob BlairPhone:
+1-914-552-1413Email: Bob.Blair@wdc.com
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