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(Reuters) -Western Digital said on Monday it would spin off its flash memory business that has been grappling with a supply glut after talks of merging the unit with Japan's Kioxia stalled. The ...
TOKYO (Reuters) -Merger talks between Western Digital and Japan's Kioxia Holdings have stalled, two sources said on Friday, as opposition from Kioxia investor SK Hynix has complicated the on-again ...
SK Hynix invested 395 billion yen ($2.67 billion)in Kioxia in 2018 as a member of a Bain-led consortium that bought the Japanese firm from Toshiba Corp, It holds bonds that can be converted into ...
In June 2019, Kioxia experienced a power cut at one of its factories in Yokkaichi, Japan, resulting in the loss of at least 6 exabytes of flash memory, with some sources estimating the loss as high as 15 exabytes. Western Digital used (and still uses) Kioxia's facilities for making its own flash memory chips. [47] [48] [49] [50]
Kioxia Holdings Corporation (/ k i ˈ oʊ k s i ə /), [2] simply known as Kioxia (stylized in all-uppercase), is a Japanese multinational computer memory manufacturer headquartered in Tokyo, Japan. The company was spun off from the Toshiba conglomerate in June 2018 and gained its current name in October 2019; [ 3 ] [ 4 ] it is currently ...
Japan's industry ministry said on Tuesday it would extend subsidies worth as much as 242.9 billion yen ($1.64 billion) for Bain Capital-backed Kioxia and Western Digital to expand memory chip ...
Lite-On (also known as LiteOn and LiteON) is a Taiwanese company that primarily manufactures consumer electronics, including LEDs, semiconductors, computer chassis, monitors, motherboards, optical disc drives, and other electronic components.
TOKYO (Reuters) -Bain Capital-backed Kioxia filed for an IPO on Friday and sources familiar with the matter said the Japanese chipmaker was targeting December for the offering. The IPO ...