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Kioxia and Sandisk to Invest 5 Trillion Yen in Japan Chip Plant

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Kioxia and Sandisk are two big companies. They make computer chips. Now they have a new plan.

The two companies will spend 5 trillion yen in Japan. This is a very big amount of money.

They will build a new factory. The factory will be in Kitakami. Kitakami is a city in Iwate, Japan.

Chip factories are also called plants. This new plant will make computer chips.

The companies want the plant to start work in fiscal year 2029. This means the plant will begin making chips by then.

Chips are small parts inside computers and phones. Companies need many chips today. This is why new plants are important.

Vocabulary6 words

trillion
a very, very big number; 1,000 billion
factory
a big building where things are made
plants
another word for factories
chips
small parts inside computers and phones
invest
to give money to help build something
fiscal year
a company's year for money, not always Jan-Dec

Quiz

1. How much money will Kioxia and Sandisk invest?
2. Where will the new plant be built?
3. What do Kioxia and Sandisk make?

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Kioxia and Sandisk are two big companies. They make computer _____.

The two companies will spend 5 _____ yen in Japan.

They will build a new _____.

The factory will be in _____. Kitakami is a city in Iwate, Japan.

Chip factories are also called _____.

The companies want the plant to start work in fiscal year _____.

Chips are small parts inside computers and _____.

Companies need many chips today. This is why new plants are _____.

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