Asia Tech Wire (July 8) -- Japanese chipmaker Kioxia Holdings will begin mass production of its state-of-the-art memory product at its Yokkaichi plant in mid-July, according to Nikkei.

This NAND-type flash memory stacks components for storing data up to 218 layers, while increasing the amount of data that can be stored on a single component.

Compared with existing products, the chip has about 50% more storage capacity and requires about 30% less power to write data.

With this, Kioxia hopes to tap into the rapidly increasing demand for data storage due to the popularization of generative AI.