April 01 - 10:04
16D
Kioxia Holdings could be sold for $30bn amid chip shortage - WSJ
Micron Technology and Western Digital Corp are both considering a deal to buy Japanese semiconductor organisation Kioxia Holdings for around $30bn, according to the Wall Street Journal. A global shortage of chips is likely to lead to some consolidation in the market in 2021. People familiar with the matter said a deal isn't yet guaranteed but that it could be finalised later this spring.
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