Kioxia, Western Digital Speed Up Merger Talks

As memory chip demand slumps.

By Jean Jacques Maleval | May 16, 2023 at 2:02 pm

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Exclusive: Kioxia, Western Digital speed up merger talks as memory chip demand slumps
Kioxia Holdings Corp. and Western Digital Corp. are speeding up merger talks and nailing down a deal structure, 2 sources with direct knowledge of the matter said, as a slumping flash memory market puts fresh consolidation pressure on the world’s ≠2 and ≠4 players.

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