On June 15, the power went out at a Toshiba plant in Japan’s Yokkaichi province. Thirteen minutes later the power came back on, but the ramifications were just coming to light.
For Toshiba Memory, the No. 2 producer of NAND flash chips, the outage could not have come at a worse time for the company. It was accumulating wafer inventory in preparation of creating the die, and according to Reuters, Toshiba Memory is in the process of going public.
It was reported that it took 10 days to get the lines running again, and full recovery for Toshiba’s production would take, at best, 3 months.