
Kioxia to Invest 77.4 Billion Yen in Nanya Technology to Ensure Stable DRAM Supply
Kioxia Holdings Corporation stated that it will invest approximately 77.4 billion yen in Nanya Technology and sign a long-term DRAM supply contract. Kioxia will purchase 70 million new shares of Nanya Technology, with the expected payment date set for April 8. As Kioxia's solid-state drive business expands, this collaboration aims to ensure the stability of DRAM supply. (Bloomberg)

