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Kioxia to adjust flash memory production by 30% at two plants
Japan’s Kioxia Corporation says that it will reduce the production volume at two of its flash memory plants.
The company will reduce its wafer start production volume by approximately 30% at its Yokkaichi and Kitakami plants, starting from October this year.
"The company will continue to review and adjust operations as needed,” the company says in a statement while still stating that the company remains confident in the medium to long term growth outlook for the flash memory market.