Kioxia is a combination of the Japanese word kioku, meaning "memory," and the Greek word axia, meaning "value." By combining "memory" with "value," Kioxia embodies the company's mission to elevate the world with "memory," which forms the basis of the company's vision. Kioxia will cultivate the new era of memory, defined by the increasing demands for high-capacity, high-performance data storage and processing, enabling the company to grow sustainably as a leading flash memory producer for many years to come.
“I am thrilled to take the next step in our company’s evolution as we continue to strengthen our position at the forefront of the memory industry,” said Stacy J. Smith, CEO of Toshiba Memory Holdings Corporation. “Using ‘memory’ as our starting point, Kioxia will collaborate with people to meet the diverse needs of everyday life, making the world more interesting and providing lasting value to society.”.
Toshiba Memory Corporation has driven the technological evolution of flash memory since its invention of NAND flash memory in 1987, culminating in the introduction of the latest 3D flash memory, BiCS FLASH™. As society creates ever-increasing amounts of active data through emerging technologies such as 5G, IoT, and cloud computing, the need for memory and storage is greater than ever. As an industry pioneer and the continued global leader in flash memory and solid-state drives, we are well-positioned to enable our digital society to enter a new era of memory.
