Toshiba to build new chip pro­duc­tion line

New Straits Times - - Business -

Toshiba Corp said yes­ter­day it will go ahead with the cap­i­tal in­vest­ment to build a new mem­ory-chip pro­duc­tion line with­out jointven­ture part­ner West­ern Dig­i­tal Corp as the two failed to reach an agree­ment about the in­vest­ment. The com­pany said it had in­creased the amount of cap­i­tal in­vest­ment in the Fab 6 pro­duc­tion line to 195 bil­lion yen (RM7.5 bil­lion), up by 15 bil­lion yen from its orig­i­nal es­ti­mate, be­cause it was now go­ing it alone. The new line is set to start op­er­at­ing around next sum­mer.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.