Japan’s Toshiba will invest 200 billion to boost output of flash memory chips used for mobile phones and portable music players to meet soaring global demand, a report says.The Japanese electronics giant will lift production capacity at its domestic chip plant to 150,000 units per month in 2007, up sharply from the current capacity of 10,000 units, the business daily Nihon Keizai Shimbun reported on Sunday.
Amid rising demand for mobile phones and hot-selling portable music players, Toshiba estimates the global market value for high-density NAND flash memory chips will soar to 2 trillion in 2008, up 168 per cent from 745 billion in 2004.
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