'SK Hynix Balks At Western Digital-Kioxia Memory Chip Merger' - Nikkei Asia
Portfolio Pulse from Charles Gross
SK Hynix has expressed concerns over the proposed merger between Western Digital and Kioxia, potentially disrupting the memory chip market consolidation.
October 17, 2023 | 4:36 pm
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Western Digital's proposed merger with Kioxia faces potential disruption due to concerns raised by SK Hynix.
The proposed merger between Western Digital and Kioxia is a significant event for Western Digital. SK Hynix's concerns could potentially disrupt the merger process, which could negatively impact Western Digital's stock price in the short term.
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