Kioxia talks again about merger with Western Digital and comforts SK Hynix
The Japanese manufacturer of NAND memory chips and SSDs, Kioxia, may yet be talking to Western Digital (WD) again about a possible merger of their NAND/SSD units. Also, the majority shareholder, Bain Capital, is said to want to give guarantees to fellow stakeholder SK Hynix.
About half a year af... Read more
Western Digital walks away from Kioxia merger talks
The proposed merger of the NAND flash memory divisions of Kioxia and Western Digital is now off the table. Talks on this merger have been halted by Western Digital due to the lack of approval from Kioxia shareholder SK Hynix.
According to Nikkei Asia, Western Digital broke off talks with Kioxia ... Read more
SK Hynix opposes merger of Kioxia and Western Digital
SK Hynix does not approve the merger of Kioxia and Western Digital. SK Hynix, an indirect shareholder in Kioxia, views the merger as unfavorable to the value of its investments.
Recently, Japan's Kioxia and U.S. Western Digital announced plans to merge their NAND flash memory businesses. With th... Read more
Kioxia and Western Digital looking to merge
Kioxia and Western Digital (WD) want to merge their memory chip operations into a new company. Nikkei Asia reports that the parties want to combine their forces in order to compete with market leader Samsung.
According to Nikkei Asia, Japanese company Kioxia and the US-based Western Digital want... Read more
Samsung predicts a petabyte SSD in the next decade
At the recent China Flash Memory Market Summit, Samsung has boldly predicted that a single SSD capacity could reach 1 PB within the next decade. This comes after the company showcased a prototype 128TB SSD at last year's August Flash Memory Summit.
The device used QLC (4 bits/cell) NAND, boasted... Read more
‘Western Digital and Kioxia discuss possible merger’
Drive manufacturers Western Digital and Kioxia are discussing a possible merger, according to a Bloomberg report based on insider sources.
Western Digital and Kioxia already collaborate in the field of flash chips. Insider sources told Bloomberg that the companies are considering a more signif... Read more
Analysts point out challenges in Western Digitals plan to buy Kioxia
A possible Western Digital-Kioxia merger could create a NAND memory chipmaking company to rival Samsung. However, analysts question whether Kioxia investors will accept the terms of the $20-billion deal, which Western Digital wants to pay in all stocks.
There will be no cash provided to Kioxia, ... Read more
‘WD in talks with Kioxia about a possible $20-billion merger’
Data storage company Western Digital's shares jumped 7.8% today after the Wall Street Journal published a report that the company is in merger talks with Kioxia, a leading flash memory manufacturer.
The deal could be worth more than $20 billion, according to WSJ's sources. The sources say that W... Read more
Toshiba Memory America changes name to Kioxia America
Toshiba Memory America has announced that the name of the company will change to Kioxia America, reports ZDNet. The name change will take place in October.
According to the company, the name is a contraction of the Japanese word kioku, which means memory, and the Greek word axia, which means value. ... Read more