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Kioxia has reached out to JIC to invest in merger with Western Digital

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All posts tagged "Kioxia"

Technology

Kioxia has reached out to JIC to invest in merger with Western Digital

According to sources familiar with the situation, Bloomberg News reported on Friday that Kioxia Holdings had approached the government-backed Japan Industrial Partners (JIC) to...

Brittany De La CruzFri, 2023-Oct-20 12:59:50

KIOXIA gadgets can be seen at COMPUTEX Taipei, one of the world's largest computer and technology trade shows in Taipei, Taiwan, May 24, 2022. REUTERS/Ann/File photo

KIOXIA gadgets can be seen at COMPUTEX Taipei, one of the world's largest computer and technology trade shows in Taipei, Taiwan, May 24, 2022. REUTERS/Ann/File photo

Finance

Japan banks set to commit $12.7 bln financing for Kioxia-WDC merger

Four sources with knowledge of the situation told Reuters that Japan’s major banks plan to provide 1.9 trillion yen ($12.7 billion) in funding to...

Olya SmithThu, 2023-Oct-19 13:10:34

Business

Exclusive: Kioxia, Western Digital accelerate merger discussions as memory chip demand falls.

Two sources said that as the flash memory market slumps, Kioxia Holdings Corp. and Western Digital Corp. (WDC.O) are speeding up merger talks and...

Anna KovalenkoMon, 2023-May-15 05:52:01

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