Kioxia

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Kioxia Holdings Corporation
Formerly
Toshiba Memory Holdings Corporation
Private
IndustryElectronics
FoundedJune 1, 2018; 18 months ago (2018-06-01)
Headquarters
Area served
Worldwide
Key people
Naruke Yasuo
(President and CEO)
ProductsComputer memory
Owners
Websitewww.kioxia-holdings.com

Kioxia Holdings Corporation, simply known as Kioxia (stylized as KIOXIA), is a Japanese multinational computer memory manufacturer headquartered in Tokyo, Japan. The company was spun off from the Toshiba conglomerate (though maintains 40.2% equity stake)[1] as Toshiba Memory Corporation (東芝メモリ株式会社, Tōshiba Memori Kabushiki-gaisha) in 2018[2] and became a wholly owned subsidiary company of Toshiba Memory Holdings Corporation (TMHC) on March 1, 2019.[3] On July 18, 2019, TMHC announced it will change its name to Kioxia on October 1, 2019, including all Toshiba Memory companies. Kioxia is a combination of the Japanese word kioku meaning memory and the Greek word axia meaning value.[4]

In the third quarter of 2018, the company was estimated to have 19% of the global revenue share for NAND solid-state drives (SSDs).[5]

Kioxia (then TMHC) announced on August 30, 2019, that it signed a definitive agreement to acquire Lite-On's SSD business for US$165 million. The transaction is expected to close by the first half of 2020.[6][7]

See also[edit]

References[edit]

  1. ^ a b c d "Kioxia corporate information".
  2. ^ "Toshiba Corporation". Retrieved 2019-05-17.
  3. ^ "Establishment of Toshiba Memory Holdings Corporation". March 1, 2019. Retrieved September 6, 2019.
  4. ^ "Toshiba Memory to Rebrand as "Kioxia" in October". Business Wire. Retrieved 2019-07-18.
  5. ^ Mellor, Chris (23 November 2018). "Grandmaster flash Samsung dominated SSD market in 3Q2018". www.theregister.co.uk. Retrieved 2019-05-17.
  6. ^ Duckett, Chris (2 September 2019). "Toshiba Memory picks up Lite-On SSD business in $165 million deal". ZDNet. Retrieved 20 November 2019.
  7. ^ "Toshiba Memory to Acquire the SSD Business of Taiwan's LITE-ON Technology" (PDF). August 30, 2019. Retrieved September 6, 2019.

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