SanDisk and Kioxia Extend NAND Flash Joint Venture Through 2034

Reuters01-30

SanDisk and Kioxia Extend NAND Flash Joint Venture Through 2034

SanDisk Corporation and Kioxia Corporation have extended their longstanding joint venture agreement at Kioxia’s Yokkaichi Plant through December 31, 2034. This extension, marking over 25 years of collaboration, will see both companies continue to co-develop advanced 3D flash memory and invest jointly in manufacturing aligned with market trends, particularly to support the growing demand driven by AI applications. As part of the renewed agreement, SanDisk will pay Kioxia $1.165 billion for manufacturing services and continued supply, with payments spread over 2026 to 2029. The agreement also aligns the joint venture at Kioxia’s Kitakami Plant with the same timeline, reinforcing the companies’ leadership in the global memory industry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SanDisk Corporation published the original content used to generate this news brief on January 29, 2026, and is solely responsible for the information contained therein.

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This extension, marking over 25 years of collaboration, will see both companies continue to co-develop advanced 3D flash memory and invest jointly in manufacturing aligned with market trends, particularly to support the growing demand driven by AI applications. As part of the renewed agreement, SanDisk will pay Kioxia $1.165 billion for manufacturing services and continued supply, with payments spread over 2026 to 2029. The agreement also aligns the joint venture at Kioxia’s Kitakami Plant with the same timeline, reinforcing the companies’ leadership in the global memory industry.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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