TOKYO (Reuters) – Japan’s Kioxia Corp. said on Friday it would slash wafer start production volume by about 30% at its Yokkaichi and Kitakami flash memory plants from October.
“The company will continue to review and adjust operations as needed,” it said in a statement, adding it remained confident in the mid- to long-term growth outlook for the flash memory market.
(Reporting by Kantaro Komiya and Daniel Leussink; Editing by Chang-Ran Kim)
