Toshiba gets on the starting blocks for its latest NAND fab
by from Techreport on (#2C3PJ)
Japanese electronics manufacturer Toshiba has been suffering some financial difficulties as of late. These losses are at least partially related to a 2015 accounting scandal and trouble in the company's nuclear power business in the Unites States. The company has reportedly sought outside capital by seeking a buyer for a minority stake in its semiconductor manufacturing business. Someone in an expensive suit must believe the saying "you have to spend money to make money," because the company has announced the beginning of construction of a new fabrication plant and a memory R&D center in Yokkaichi, Japan.
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