https://wccftech.com/toshiba-building-biggest-and-most-advanced-bics-flash-fab-in-kitakami-city-japan/

Signage for Toshiba Corp. is displayed atop the company's headquarters in Tokyo, Japan, on Wednesday, May 13, 2015. An accounting probe of Toshiba's infrastructure and energy projects caused its default risk to jump the most in Japan, just as the creditworthiness of Sharp Corp. and Sony Corp. had been improving. Photographer: Akio Kon/Bloomberg

Toshiba Memory Corporation, the world leader in memory solutions, broke ground in a ceremony on Friday on its first semiconductor fabrication facility called the K1 in Kitakami which is located in the Iwate Prefecture in Northeast Japan.