Toshiba & SanDisk Celebrate the Opening of the Second Phase of Fab 5 & Start Construction of the New Fab 2 Semiconductor Fabr...
September 08 2014 - 11:01PM
Business Wire
Toshiba Corporation (TOKYO:6502) and SanDisk Corporation
(NASDAQ:SNDK) today celebrated the opening of the second phase of
the No. 5 semiconductor fabrication facility (Fab 5) and the start
of construction of the new No. 2 fabrication facility (Fab 2) at
Yokkaichi Operations, Toshiba’s NAND Flash memory plant in Mie
prefecture, Japan.
Fab5 at Toshiba Yokkaichi Operations
(Photo: Business Wire)
Toshiba started construction of the second phase of Fab 5 in
August 2013, and Toshiba and SanDisk have overseen installation of
production equipment in the expanded facility since July this year.
Production in phase 2 began at the start of this month, with 15nm
NAND flash memory process technology, the world’s smallest and most
advanced node. Toshiba and SanDisk announced deployment of this
jointly developed 15nm NAND flash process in April this year, with
initial production in part of Fab 5 phase 1, and now target
conversion of the remaining capacity in phase 1 to the new process
technology.
Toshiba is constructing the New Fab 2 to secure space to convert
Toshiba and SanDisk’s current 2D NAND capacity to 3D NAND, with
expected readiness for production in 2016. Toshiba and SanDisk will
together install production equipment and will determine installed
capacity and output targets and schedules by closely monitoring
market trends.
Yasuo Naruke, Corporate Executive Vice President of Toshiba
Corporation and President and CEO of Semiconductor & Storage
Products Company, said, “Our determination to develop advanced
technologies underlines our commitment to respond to continued
demand of NAND flash memory. We are confident that our joint
venture with SanDisk will allow us to produce cost competitive next
generation memories at Yokkaichi.”
Sanjay Mehrotra, President and Chief Executive Officer of
SanDisk, said, “We are delighted to further advance the
SanDisk/Toshiba collaboration as well as to continue both
companies’ more than decade- long partnership with the city of
Yokkaichi, Mie Prefecture, and Japan. Fab 5 Phase 2 and the future
New Fab 2 will provide both companies with the cleanroom space
needed to continue converting our installed NAND capacity to new
advanced technology nodes.”
Toshiba and SanDisk see long-term demand growth for NAND flash
memory, particularly for smartphones, tablets and SSDs. The
companies will continue to strengthen their competitiveness and
market leadership through development and production of advanced
flash memory technologies.
Outline of Fab 5 (including phase 2) at
Yokkaichi Operations
Structure of building: 2-Story steel frame concrete,
five floors Building area: Approximately 38,000m2 Start of
construction: (Phase 1) July 2010; (Phase 2) August 2013 Building
completion: (Phase 1) July 2011; (Phase 2) September 2014
Outline of the New Fab 2 at Yokkaichi
Operations
Structure of building: 2-Story steel frame concrete, five floors
Building area: Approximately 27,300m2
About ToshibaToshiba Corporation, a Fortune Global 500
company, channels world-class capabilities in advanced electronic
and electrical product and systems into five strategic business
domains: Energy & Infrastructure, Community Solutions,
Healthcare Systems & Services, Electronic Devices &
Components, and Lifestyles Products & Services. Guided by the
principles of The Basic Commitment of the Toshiba Group, “Committed
to People, Committed to the Future”, Toshiba promotes global
operations towards securing “Growth Through Creativity and
Innovation”, and is contributing to the achievement of a world in
which people everywhere live in safe, secure and comfortable
society.
Founded in Tokyo in 1875, today’s Toshiba is at the heart of a
global network of over 590 consolidated companies employing over
200,000 people worldwide, with annual sales surpassing 6.5 trillion
yen (US$63 billion). To find out more about Toshiba, visit
www.toshiba.co.jp/index.htm
About SanDiskSanDisk Corporation (NASDAQ:SNDK), a Fortune
500 and S&P 500 company, is a global leader in flash storage
solutions. For more than 25 years, SanDisk has expanded the
possibilities of storage, providing trusted and innovative products
that have transformed the electronics industry. Today, SanDisk’s
quality, state-of-the-art solutions are at the heart of many of the
world's largest data centers, and embedded in advanced smart
phones, tablets and PCs. SanDisk’s consumer products are available
at hundreds of thousands of retail stores worldwide. For more
information, visit www.sandisk.com.
SanDisk Forward-Looking Statements
This news release contains certain forward-looking statements,
including statements about demolition and construction schedules,
our timing expectations for first wafer outs, expected production
focus at the new clean room, development of new technologies, such
as 3D NAND, and products and leadership in NAND memory. There are a
number of risks and uncertainties that may cause these
forward-looking statements to be inaccurate including, among
others: general business and economic conditions; inability to
develop, or unexpected difficulties or delays in developing or
ramping with acceptable yields, new technologies, such as 3D NAND,
or the failure of new technologies to effectively compete with
those of our competitors; construction difficulties or delays; our
failure to reach definitive agreements with Toshiba on the New Fab
2 or the other risks detailed from time-to-time in our Securities
and Exchange Commission filings and reports, including, but not
limited to, our most recent quarterly report on Form 10-Q. We do
not intend to update the information contained in this release.
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Toshiba CorporationSemiconductor & Storage Products
CompanyMegumi Genchi/Kota Yamaji, +81-3-3457-3576Communication IR
Promotion GroupBusiness Planning
Divisionsemicon-NR-mailbox@ml.toshiba.co.jporSanDisk
CorporationMedia Contact:Michael Diamond,
+1-408-801-1108michael.diamond@sandisk.comInvestor Contact:Jay
Iyer, +1-408-801-2067jay.iyer@sandisk.comBrendan Lahiff,
+1-408-801-1732brendan.lahiff@sandisk.com
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