Micron To Build $7 Billion Plant in Japan To Expand DRAM Production

U.S. memory chip maker Micron Technology will build a new factory at its Japanese production site in Hiroshima at a cost of 800 billion yen ($7.0 billion), the Nikkan Kogyo newspaper reported on Wednesday. Reuters: The new facility will make DRAM chips, which are widely used in data centres, with production set to begin in 2024, the report said, without citing sources. COVID-19 pandemic stay-at-home demand for electronic devices is causing shortages of non-memory chips that has forced some manufacturers, such as automakers and smartphone makers, to curtail production. That has also reduced sales of DRAM memory chips, but some industry watchers expect demand to rebound helped by an expansion of data centres.

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