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0.00822276795279619 0.0136304451733061 -0.00390618561798494 -0.00285135068317047 -0.0183772023799713 0.0025052329701844 0.0177508941374252 0.01328432746032
Stock impact report

Kioxia and Sandisk Extend Yokkaichi Joint Venture Agreement Through 2034

Sandisk Corporation (SNDK) 
Company Research Source: Business Wire
TOKYO & MILPITAS, Calif.--(BUSINESS WIRE)--Kioxia Corporation, a subsidiary of Kioxia Holdings Corporation (TOKYO: 285A), and Sandisk Corporation (NASDAQ: SNDK) today announced the extension of their joint venture agreements at Kioxia’s Yokkaichi Plant for an additional five years. Originally set to expire on December 31, 2029, the agreement will now run through December 31, 2034, marking another significant milestone in the companies’ remarkable partnership spanning more than 25 years.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260129390024/en/This extension underscores the deep collaboration between Kioxia and Sandisk, as they continue to leverage AI-enabled smart manufacturing and economies of scale to ensure stable production of advanced 3D flash memory. Their advanced 3D memory products are critical for addressing the growing demand driven by generative AI applications. Furthermore, the joint venture agreement f Show less Read more
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