Western Digital, Kioxia in advanced talks for merger - Bloomberg News

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Western Digital, Kioxia in advanced talks for merger - Bloomberg News
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Memory chip maker Western Digital Corp and Japan's Kioxia Holdings Corp are in advanced talks for a possible merger which will involve a dual-listing, Bloomberg News reported on Friday.A combined Kioxia-Western Digital would control a third of the NAND flash market, putting it on par with South Korea’s

Memory chip maker Western Digital Corp and Japan's Kioxia Holdings Corp are in advanced talks for a possible merger which will involve a dual-listing, Bloomberg News reported on Friday.

In Japan, the two companies jointly produce NAND chips, which don't need power to retain data and are used in smartphones, TVs, data centre servers and public announcement display panels.

 

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