Technology
Kioxia net profit doubles in fiscal 2025
Japan's Kioxia posted a net profit of ¥554.5 billion in fiscal 2025, doubling the figure from the prior year, as demand for NAND flash chips soared. Revenue jumped 42% to over ¥2.1 trillion, with the company citing strong demand from data centers and consumer electronics. Kioxia is investing heavily in next-gen production to meet AI and storage growth.