TOKYO, Mar 25 (Pulse News Wire) – Kioxia Holdings Corporation (285A.T) announced today that its subsidiary, Kioxia Corporation, has decided to participate in a rights issue conducted by Nanya Technology Corporation and enter into a long-term DRAM supply agreement. Key details of the investment include subscribing to ordinary shares totaling 70,000,000 and making a payment of 15,673,000,000 Taiwanese dollars (approximately ¥77.40 billion).
The subscription is scheduled to take place on March 25, 2026, with the payment due on April 08, 2026. This strategic move aims to strengthen Kioxia’s SSD business amid rapid market expansion driven by AI demand. By securing a stable long-term supply of key component DRAM through cooperation with Nanya Technology Corporation, Kioxia seeks to enhance its ability to deliver products reliably to customers. Nanya Technology Corporation, founded on March 4, 1995, specializes in the development, design, manufacturing, and sales of DRAM. It is headquartered in Taishan District, New Taipei City, Taiwan, with a capital of 30,986,278,940 Taiwanese dollars.
Major shareholders include Mai-Liao Power Corp. with a holding ratio of 0.85%, Nan Shan Life Insurance Co., Ltd. with 0.77%, Chunghwa Post Co., Ltd. with 0.68%, TransGlobe Life Insurance Inc. with 0.39%, and Custody of the Florida Retirement System Investment Account by HSBC Bank (Taiwan) Limited with 0.33%.
🟡 Confidence: Standard AI-translated content.