Consolidation could be coming to the flash-memory chip market, and investors are excited about the possibilities.

Kioxia and Western Digital have announced the sixth generation of their BiCS 3D NAND technology, with 162-layers and a 40 per cent smaller die than their gen 5 BiCS 112-layer technology.

Former Toshiba Memory to produce smaller, faster memory chip with eye on 5G. The new NAND memory can write data more than twice as fast as Kioxia's current top-of-the line product.

Kioxia (formerly Toshiba Storage) officially announced that it will complete the Solid-State Drive (SSD) business under Lite-On, Solid State Storage Technology Corporation and its subsidiaries (hereinafter referred to as: Lite-On SSD) acquisition.

Toshiba Memory Holdings Corporation announced that it will officially change its name to Kioxia Holdings Corporation on October 1, 2019. The name Kioxia (kee-ox-ee-uh) will be adopted for the names of all Toshiba Memory companies, largely effective on the same date.