Kioxia and Western Digital can soon declare merge

Since 2021 of companies Western Digital and Kioxia (before Toshiba Memory Europe) are conducted by discussions about merge. In the middle of this year there was a news that negotiations were resumed. Now the Japanese resource of Information company "Kyodo News" reports News that association will be declared until the end of this month. As the world market of semiconductors faces the competitive pressure and unstable demand, merge is considered as the strategic step directed on strengthening of cumulative market positions of both companies. After merges the general enterprise Kioxia and Western Digital will own 35,4% of the world market of NAND memory...