Japanese chipmaker Kioxia Holdings and US-based Western Digital open a new ~$6.79 billion flash memory factory in Mie Prefecture amid a downturn in the memory chip market (Ryosuke Eguchi/Nikkei Asia)

Ryōsuke Eguchi / Asian Nikkei:

Japanese chipmaker Kioxia Holdings and US-based Western Digital open a brand new $6.79 billion flash reminiscence manufacturing unit in Mie Prefecture amid a downturn within the reminiscence chip market— Chipmaker opts for output minimize however bullish on facility funding — TOKYO — Japanese chipmaker Kioxia Holdings opened Wednesday…