Kioxia issued an announcement on August 3 stating that its subsidiary was awarded US$229 million in compensation by the U.S. District Court for the Western District of Texas in a lawsuit involving the US satellite communications company Viasat, and has already calculated litigation loss reserves in the first quarter. Kioxia said the company found Viasat's claim and judgment completely unacceptable and intended to take all available legal measures, including filing an appeal if necessary.

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