Initial Production to Begin in the Fall of Calendar 2022

(BUSINESS WIRE) -- Kioxia Corporation and Western Digital Corp. (NASDAQ: WDC) have finalized a formal agreement to jointly invest in the first phase of the Fab7 (Y7) manufacturing facility at Kioxia’s industry-leading Yokkaichi Plant in the Mie Prefecture of Japan. With construction of the first phase of Y7 completed, the joint-venture investment will enable initial production output beginning in the fall of this year. This marks another important milestone in the 20-year strategic joint-venture partnership between the two companies.

 “We are very pleased to further deepen our strategic partnership with Western Digital through this joint investment in Y7,” said Nobuo Hayasaka, President and CEO of Kioxia. “The rapid digitization of societies underpins accelerating use of memory products. We will continue to leverage our technological partnership and economies of scale to develop and ... Read more »

GALESBURG, Mich.-Thursday 14 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Power management company Eaton today announced that General Motors (GM) recently recognized Eaton’s Vehicle Group as a 2021 Supplier of the Year. GM celebrated honorees at its 30th annual Supplier of the Year awards ceremony in Phoenix, Arizona.

GM’s Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM’s requirements, providing GM customers with innovative technologies, and delivering among the highest quality in the automotive industry. This year, GM recognized 134 suppliers from 16 countries with the Supplier of the Year distinction.

“This award represents our continued focus and commitment to General Motors, a valued customer for more than 60 years,” said Pete Denk, president, Eaton’s Vehicle Group, North America. “We focus on providing differentiated power management technologies, customer servic ... Read more »