Kioxia

Tokyo-based NAND flash memory maker

Overview

Kioxia Holdings supervises and manages subsidiaries in the memory and storage business; Forbes records its formation on 1 March 2019 and its headquarters in Tokyo.[2] It makes NAND flash memory. Forbes records sales of US$15.5bn against US$7.4bn in the prior-year column, and profit of US$3.7bn after a loss of US$1.7bn in the prior-year profit column.[2] The comparison moved Kioxia from twenty-third to seventeenth, though the two figures may not cover comparable periods. Its market value is US$153.1bn.[2]

Kioxia strengths and limitations

Strengths

  • Returned to profit
  • Second-largest Japanese company in the list
  • Large NAND capacity

Limitations

  • Memory prices are cyclical
  • Prior-year comparison may be distorted
  • Concentrated in one product type

Appears in

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