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Kioxia net profit drops 74% annually in 2Q25 due to slow NAND flash market recovery

Chiang, Jen-Chieh, Taipei; Jingyue Hsiao, DIGITIMES Asia Monday 11 August 2025 0

Kioxia announced a substantial drop in revenue and profits for the second quarter of 2025, primarily driven by sluggish sales of NAND flash memory for smartphones and PCs, as well as the strengthening Japanese yen. The company reported revenue of JPY342.7...

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