Japanese NAND flash giant Kioxia announced today (August 1st) that the building construction of Fab2 (K2) of its Kitakami Plant in Iwate Prefecture was completed in July. As demand is recovering, the company will gradually make capital investments while closely monitoring flash memory market trends....

Recently, Korean SSD controller manufacturer FADU announced a partnership with Western Digital to co-develop the next-generation enterprise SSD technology called "FDP (Flexible Data Placement)." FDP is a standard technology proposed by the Open Compute Project (OCP) and is a newly approved NVMe s...

According to the report from MoneyDJ, Western Digital (WD), a well-known memory device manufacturer, reported its latest financial report after the American stock market closed on April 25. Both revenue and profit for 1Q24 were better than market expectations, mainly driven by the robust AI demand a...

According to industry sources cited in a report from Business Korea, Japanese NAND Flash supplier Kioxia is preparing to restart its merger plan with its partner Western Digital (WD). However, SK Hynix, a major shareholder and Korean memory giant, continues to firmly oppose the merger. The same r...

Following the announcement of a price increase by the U.S. memory giant Western Digital Corporation (WDC), hard drive manufacturer Seagate Technology has also announced that it will raise prices in response. Seagate stated that they will immediately increase prices for new orders and demand exceedin...