Kioxia
 | |
Formerly | Toshiba Memory Holdings Corporation |
|---|---|
| Private | |
| Industry | Electronics |
| Founded | June 1, 2018 |
| Headquarters | |
Area served | Worldwide |
Key people | Naruke Yasuo (President and CEO) |
| Products | Computer memory |
| Owners |
|
| Website | www |
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]
- Toshiba Corporation, the former parent company.
References[edit]
- ^ a b c d "Kioxia corporate information".
- ^ "Toshiba Corporation". Retrieved 2019-05-17.
- ^ "Establishment of Toshiba Memory Holdings Corporation". March 1, 2019. Retrieved September 6, 2019.
- ^ "Toshiba Memory to Rebrand as "Kioxia" in October". Business Wire. Retrieved 2019-07-18.
- ^ Mellor, Chris (23 November 2018). "Grandmaster flash Samsung dominated SSD market in 3Q2018". www.theregister.co.uk. Retrieved 2019-05-17.
- ^ Duckett, Chris (2 September 2019). "Toshiba Memory picks up Lite-On SSD business in $165 million deal". ZDNet. Retrieved 20 November 2019.
- ^ "Toshiba Memory to Acquire the SSD Business of Taiwan's LITE-ON Technology" (PDF). August 30, 2019. Retrieved September 6, 2019.
External links[edit]
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Wikimedia Commons has media related to Toshiba. |
- Toshiba
- Companies based in Tokyo
- Computer hardware companies
- Computer memory companies
- Consumer electronics brands
- Electrical engineering companies of Japan
- Electronics companies of Japan
- Electronics companies established in 2018
- Corporate spin-offs
- Japanese brands
- Manufacturing companies based in Tokyo
- Multinational companies headquartered in Japan
- Technology companies of Japan
