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Kioxia posts record FY1Q24 revenue with strengthening profits

Chiang, Jen-Chieh, Taipei; Jessie Shen, DIGITIMES Asia 0

Credit: DIGITIMES

NAND flash memory vendor Kioxia has reported a record revenue of JPY428.5 billion (US$2.91 billion) for the fiscal first quarter of 2024, with operating profits surging over 100% sequentially to JPY125.9 billion. Operating margin climbed nearly 16pp...

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