Japan's Toshiba plans to spend almost nine billion US dollars to build a new factory producing memory chips for mobile telephones, cameras and other electronics, a report said Wednesday.

Yoshimitsu Kobayashi, Toshiba's chairman, intends to resign from the post after having led the company's rehabilitation from an accounting scandal. (Photo by Hiroyuki Kobayashi) ...

The factory, which will be located in Toshiba's Yokkaichi plant in central Japan, is expected to begin construction next month and start producing so-called NAND flash memory chips sometime in the ...