Kioxia

Kioxia Holdings Corporation
Formerly
  • Toshiba Memory Corporation (2018–2019)
  • Toshiba Memory Holding Corporation (2019)
Company typeJoint venture
IndustryElectronics
FoundedJune 1, 2018; 6 years ago (2018-06-01)
HeadquartersShibaura,
Area served
Worldwide
Key people
Nobuo Hayasaka (President and CEO)
ProductsComputer memory
RevenueIncrease ¥1.53 trillion (FY2021)
Owners
Number of employees
c. 15,300 (2023)
Website
Footnotes / references
[1]

Kioxia Holdings Corporation (/kiˈksiə/),[2] simply known as Kioxia and stylized as KIOXIA, is a Japanese multinational computer memory manufacturer headquartered in Tokyo, Japan. The company was spun off from the Toshiba conglomerate in June 2018 and gained its current name in October 2019;[3][4] it is currently majority owned by Bain Capital which holds a 56% stake, while Toshiba holds a 41% stake.[5]

In the early 1980s, while still part of Toshiba, the company was credited with inventing flash memory.[6] As of the second quarter of 2021, the company was estimated to have 18.3% of the global revenue share for NAND flash solid-state drives.[7]

  1. ^ "KIOXIA at a Glance". Kioxia Holdings Corporation. Retrieved 21 April 2023.
  2. ^ "How to say KIOXIA". Kioxia. October 4, 2019. Retrieved September 20, 2020.
  3. ^ "Toshiba Memory to Buy Out Shares From Apple, Dell". Wall Street Journal. 2019-05-20. Retrieved 2020-08-18.
  4. ^ Cite error: The named reference zd1 was invoked but never defined (see the help page).
  5. ^ "Bain and Toshiba in tug-of-war over Kioxia IPO date". Nikkei Asia. Retrieved 2024-11-21.
  6. ^ "Unloved Toshiba Stock Is About to Reward Suitors Again". The Wall Street Journal. 2018-08-13. Retrieved 2020-08-18.
  7. ^ "DRAMeXchange - 【Market View】NAND Flash Revenue for 2Q21 Rises by 10.8% QoQ Due to Strong Notebook Demand and Procurements for Data Centers, Says TrendForce". www.dramexchange.com. Retrieved 13 November 2021.