Toshiba Memory and Western Digital are in a joint venture to manufacture flash memory. The most recent news is that the building should be finished by the end of the year.

Toshiba invented NAND flash back in 1987. In April 2017, Toshiba Memory was spun off from Toshiba Corporation with the goal to establish a new company from several assets and acquisitions.

The companies’ joint capital investments in equipment for the K1 facility will enable initial production output of 96-layer 3D flash memory beginning in 2020, with meaningful output expected to begin later in the year.

Demand for flash memory for a wide range of users. M.2 SSD are popular for desktops, SATA are very popular for older laptop machines. More recently there has been a cycle of upgrades as smaller capacity SSD products are replaced with larger capacity ones.