Western Digital-Kioxia merger sunk by failed consensus-building

Last-minute appeal to SK Hynix did not allay stakeholder's concerns

20231027N Kioxia

The idea of Kioxia integrating with Western Digital was first floated more than two years ago.

YOICHIRO HIROI, NAMI MATSUURA and RYO MUKANO, Nikkei staff writers

TOKYO -- After over two years of talks, the proposed merger between Western Digital's semiconductor business and Japan's Kioxia Holdings have fallen apart in the final stages over a failure to bring a key stakeholder on board.

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