SK Hynix balks at Western Digital-Kioxia memory chip merger

South Korean chipmaker proposes SoftBank tie-up as backup plan

20231017N Kioxia

Kioxia hopes to merge with Western Digital's memory chip business, but SK Hynix could derail the plan. (Kioxia Holdings)

Nikkei staff writers

TOKYO -- South Korea's SK Hynix, which holds an indirect stake in Japan's Kioxia Holdings, is reluctant to back Kioxia's merger with U.S. rival Western Digital's memory chip operations, Nikkei has learned.

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