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Japan extends subsidies to downturn-hit Kioxia, Western Digital

TOKYO (Reuters) -Japan's industry ministry said on Tuesday it would extend subsidies worth as much as 242.9 billion yen ($1.64 billion) for Bain Capital-backed Kioxia and Western Digital to expand memory chip production in Mie and Iwate prefectures. The funding provides underpinning for the two companies, which have been hammered by a slump in the market for NAND flash chips and whose merger talks stalled late last year following opposition from Kioxia investor SK Hynix. Japan's powe...
United States South Korea South Korean Christopher Cushing Ken Saito Jacqueline Wong
Source: yahoo.com

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Silicon Motion Files Notice of Arbitration Claim Against MaxLinear

TAIPEI, Taiwan and MILPITAS, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQGS: SIMO) (“Silicon Motion” or “the Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today commenced an arbitration against MaxLinear, Inc. for breaching its May 5, 2022 agreement to acquire the Company (the “Merger Agreement”). The claim was filed in the Singapore International A...
T Ai Pei Maxlinear Inc Singapore International Arbitration Centre Company The Merger Agreement Silicon Motion Technology Corporation Motion Technology Corporation
Source: yahoo.com

SK hynix did not supply chips to Huawei: Vice chairman, Telecom News, ET Telecom

Sk Hynix: Last week, the chipmaker said it opened an internal investigation into how its memory chips ended up in a new smartphone made by Huawei, after Bloomberg News reported that the South Korean chipmakers DRAM -- LPDDR5 -- and NAND Flash memory are used in the Chinese tech companys latest smartphone Mate 60 Pro.
South Korea South Korean Bloomberg News Sk Hynix Huawei Technologies Co Sk Group

SK Hynix samples world's first 321-layer NAND flash memory

SK Hynix has taken centre stage at the Flash Memory Summit (FMS) 2023, unveiling a remarkable milestone in NAND technology. The company showcased its cutting-edge 321-layer 4D NAND memory, marking a significant stride towards the industry's first NAND solution boasting over 300 layers. In a presentation at FMS 2023, SK Hynix delved into the progress …
Santa Clara Flash Memory Summit 321 Layer Nand Flash Sk Hynix

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