Western Digital (WDC) and Japan’s Kioxia Holdings have reopened merger discussions to combine their NAND flash memory businesses. The move aims to create a global powerhouse in the memory and data storage industry.
The potential consolidation would shift market dynamics and increase competition against major suppliers Samsung and SK Hynix. These renewed talks follow several unsuccessful attempts in recent years.
The transaction would likely unite Western Digital's flash unit with Kioxia. This merger would provide greater scale in data center and PC storage markets, potentially increasing pricing power and supply chain efficiencies.