Reuters
Western Digital, Kioxia in advanced talks for merger – Bloomberg News
A combined Kioxia-Western Digital would control a third of the NAND flash market, putting it on par with South Korea’s Samsung Electronics . In Japan, the two companies jointly produce NAND chips, which don’t need power to retain data and are used in smartphones, TVs, data centre servers and public announcement display panels. Under the plan being discussed, Western Digital would spin off its flash business and merge it with Kioxia, creating a publicly traded company in the United States, Bloomberg said citing people familiar with the matter, adding that the company would also plan a second stock listing in Japan.