Japan stumps up more cash for Kioxia and Western Digital to make memory chips
Pair still looking to merge after SK hynix blocked deal
Storage
6 Feb 2024 |
Reuters is reporting that Toshiba has started its chip business minority stake sale process. It's looking to offset the potential $4.4bn or greater losses from its US nuclear power station business. Potential purchasers of a 20-30 per cent stake in the NAND fabs are current foundry partner Western Digital and Japanese banks. …