Kioxia, partner to invest $4.9bn in cutting-edge memory chips

Kioxia, partner to invest $4.9bn in cutting-edge memory chips

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TOKYO -- Japan's industry ministry said Tuesday it will help fund the mass production of cutting-edge memory chips by Kioxia Holdings and Western Digital. The two companies' investment totals 729 billion yen ($4.9 billion), and the Ministry of Economy, Trade and Industry will provide up to 243…

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