TOKYO -- Japanese memory chip maker Kioxia Holdings has ended production cuts after 20 months in light of a recovering market, with lenders agreeing to a new line of credit, Nikkei has learned.
Semiconductors
Japan chipmaker Kioxia ends production cuts, secures bank lending
The company pursues IPO as NAND market improves
The operating rate has returned to 100% at Kioxia's Yokkaichi plant as the memory chip market recovers. (Photo by Nikkei)
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