Toshiba to enhance production of NAND flash memory chips

Japanese consumer electronics maker Toshiba has said that they are now going to more than double its monthly production of NAND flash memory chips.

The aim is to increase their market share in this much in demand product and recoup losses from falling prices.

Toshiba now aims to increase its monthly output of flash memory chips using 300-millimeter wafers to 210,000 by June 2008.

They need to enhance the production of memory products to counter the falling prices of these products. Toshiba said that they expect the prices of NAND flash memory chips to fall 50 percent this fiscal year through March 2008.

Toshiba said that they can take the risk of enhancing the production considering the demand is strong and is likely to remain like that in the near future.

The demand is so strong that the company currently has the capacity to supply about 60 percent to 70 percent of its orders currently.

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