- CEO
- Hiroo Oota
- Full Time Employees
- 15,218
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- 3-1-21, Shibaura, Tamachi Station Tower S, Minato-ku Tokyo TY Japan 108-0023
- IPO Date
- Dec 18, 2024
- Business
- Kioxia Holdings Corp engages in the development, production and sale of flash memory and solid-state drives worldwide. The company manufactures BiCS FLASH 3D flash memory, UFS and e-MMC solutions for consumer, industrial and automotive uses; SLD NAND flash memory; XL-FLASH storage class memory; enterprise, data center and client SSDs; as well as SD memory cards, microSD cards, USB flash drives and other retail products. Kioxia Holdings operates production facilities in Japan, including joint ventures with Western Digital at Yokkaichi and Kitakami plants, and maintains sales and marketing presence across Asia, North America and Europe; it was established in 2019 as a holding company formerly known as Toshiba Memory Holdings Corporation and is headquartered in Tokyo, Japan. Recent developments include the approval in February 2024 for up to 150 billion yen in government subsidies for joint venture facilities to produce advanced 3D flash memory nodes; continuation in July 2024 of investments from the Development Bank of Japan tied to profitability recovery and AI-driven demand growth; operational start of Fab2 at the Kitakami plant with Sandisk in late 2025 to address AI-related market expansion; and issuance of US dollar notes rated BB+ in 2025 to refinance debt and bolster liquidity.