TOKYO -- Western Digital and Kioxia Holdings have secured 1.9 trillion yen ($12.7 billion) in financing from a group of Japanese lenders to smooth the way for a merger between the two chipmakers, Nikkei learned Friday.
Business deals
Western Digital, Kioxia secure $13bn in financing for chipmaking merger
Focus turns to getting SK Hynix approval for deal between U.S., Japanese firms
Japan's Kioxia hopes to combine with Western Digital's memory chip business. (Photo by Nami Matsuura)
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