Western Digital’s stop-start merger talks with Japan’s Kioxia stall -sources

Source: reuters.com reuters.com

Key Topics in this News Article:

News Snapshot:

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 Acquire Licensing Rights TOKYO, Oct 27 (Reuters) - Merger talks between Western Digital (WDC.O) and Japan's Kioxia Holdings have stalled, two sources said on Friday, as opposition from Kioxia investor SK Hynix has complicated the on-again, off-again deal to create a memory chip giant. South Korea's SK Hynix (000660.KS), itself a major memory chip maker and rival to both companies, on Thursday said it did not back the deal, citing the potential...