U.S. semiconductor companies Micron and Western Digital are reportedly considering acquiring Japanese semiconductor company Kioxia.
Kioxia is a company created by Toshiba of Japan by selling its flash memory division. As of the fourth quarter of last year, SK Hynix also invested about 4 trillion won as the world's second-largest NAND flash market share.
The Wall Street Journal reported on the 31st (local time) that Micron and Western Digital are considering acquiring Kioxia, respectively, amid a heated battle to secure global memory semiconductors, citing multiple sources familiar with the issue. It is not yet clear whether it will be acquired.
Sources say that if the deal is concluded, it could be completed this spring. If the deal fails, Kioxia is likely to seek to be listed by the end of this year.
Currently, the value of Kioxia is estimated at $ 30 billion (about 33.8 trillion won). At the time of the sale in 2017, it was valued at $ 18 billion (20 trillion won) and SK hynix had invested 4 trillion won at the time.
Reporter Lee Ji-sun stockmk2020@gmail.com
