Answer:
NO, this is not prime factorization.
The correct prime factorization is = 
Step-by-step explanation:
Prime factorization means, writing the given number as product of prime numbers.
In the above case, in the prime factorization,<em> the number 8 is present which is not a prime number.</em>
8 can be further represented as product of prime numbers as,

Now the prime factorization reduces to,
= 
= 