Toshiba to boost flash memory production to counter Samsung
South Korean tech giant Samsung is the global leaders in the field of manufacturing of flash memory. However, Japan based Toshiba is working hard on expanding their manufacturing capacities to counter the threat posed by the market leaders to dominate the market in the coming future.
Toshiba has said that they are planning to invest about 500 billion yen (4.3 billion dollars) in a new plant to triple production of flash memory chips. They are already the second largest maker of flash memory modules after Samsung in the world.
Toshiba would start building their latest manufacturing unit by the year-end in the southwestern Japanese city of Yokkaichi. Production is expected to begin sometime next year and this would help Toshiba catch up with the market leaders Samsung.
Toshiba would be manufacturing NAND-type flash memory chips, which is high in demand in the market for use in mobile phones, digital music and video players and other tech devices.