Japan's Kioxia sinks to record loss on memory chip slump – Nikkei Asia

Chipmaker joins SK Hynix, Micron Technology in red
TOKYO — Falling prices of memory for phones and computers have sunk Japanese chipmaker Kioxia Holdings into its biggest net loss since being spun off from Toshiba in 2017.
The company reported Friday a loss of 254 billion yen ($1.7 billion) for the three quarters ended December, compared with a 7.2 billion yen loss a year earlier.
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