Japan’s Kioxia invests $490m in Taiwanese DRAM supplier Nanya
Business deals
DRAM producer draws several investors amid memory shortage
Kioxia Holdings needs DRAM for its solid-state drives, which are shown in this display. (Photo by Ryo Mukano)
RYO MUKANO and HIDEAKI RYUGEN
TOKYO/TAIPEI — Japanese memory maker Kioxia Holdings said Wednesday it will invest 15.6 billion New Taiwan dollars ($490 million) in Nanya Technology, the Taiwanese manufacturer of dynamic random access memory (DRAM).
