Toshiba has big plans to expand expansion in semi-conductors

Japan based tech giants Toshiba have announced that they are aiming at making record investments in the semiconductor business after looking at the phenomenal growth rate achieved by the markets like mobile telephones, portable music players, and digital cameras.

The company has said that they are raising their previously planned capital expenditure in semiconductors by 63 billion yen. This would help them compete better against Samsung in the ever-growing NAND flash memory market.

Toshiba said in a statement: “The revised figure represents the largest investment the company has directed toward the semiconductor business in a single fiscal year.” The demand for flash memory has dramatically increased in the last couple of years as the sales of digital music players like Apple iPod has touched record levels.

Toshiba added: “The market is shifting to higher-density NAND memory, able to store information-rich image and music data. Toshiba will meet this growing demand with proactive investments in production capacity, by promoting development of advanced process technologies, and by continuing to lead the industry in multi-level cell technologies.”