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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'All Quiet On The Western Front' lead BAFTA nominations with 14 nodsLONDON : A German remake of the anti-war classic “All Quiet On The Western Front” led nominations for the British Academy Film Awards on Thursday, with 14 nods.Based on the epic 1928 novel by German author Erich Maria Remarque, the foreign-language film led the shortlist, which also included dark come
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Chinese brokerages rush to raise billions in regulatory squeeze as Western competition loomsSHANGHAI/HONG KONG : Chinese brokerages are in a race to raise billions of dollars in capital to meet regulatory requirements, jumping on a market upturn to bolster operations as they brace for tougher competition from Wall Street banks on their home turf. Chinese equities have rebounded more than 10 per
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Only 8.5% of Western firms have left Russia after Ukraine invasion: StudyThe findings challenge the narrative that there is a vast exodus of Western firms leaving the market. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

'All Quiet On The Western Front' lead BAFTA nominations with 14 nodsLONDON : A German remake of the anti-war classic “All Quiet On The Western Front” led nominations for the British Academy Film Awards on Thursday, with 14 nods.Based on the epic 1928 novel by German author Erich Maria Remarque, the foreign-language film led the shortlist, which also included dark come
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Western tanks no 'silver bullet' for Ukraine, says Nato commander'A balance of all systems is needed,” said US General Christopher Cavoli, Supreme Allied Commander in Europe. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Western weapons surge to Ukraine underlines new resolveDAVOS: Western countries are stepping up their weapons deliveries to Ukraine despite hesitations in Germany about supplying heavy tanks, underlining their growing confidence in Kyiv's chances of v
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »