Rumor - Western Digital and Kioxia merger will create world's largest NAND flash memory company

KIOXIA is potentially merging with Western Digital, with the resulting company set to become the biggest player when it comes to flash memory and storage.

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According to sources, flash memory pioneer KIOXIA is close to merging with Western Digital. This deal would make the combined entity the world's biggest producer of memory and storage solutions, and all of the terms could be agreed upon by the close of this month. The Japanese-based KIOXIA is close to Western Digital, with them jointly operating plants in Japan's Iwate and Mie prefectures.

Rumor - Western Digital and Kioxia merger will create world's largest NAND flash memory company 02

According to Kyodo News, the combined market share of KIOXIA and Western Digital for NAND memory and storage earlier this year topped 35.4 percent, a slight increase over the market's top player, Samsung.

Suppose KIOXIA and Western Digital are to merge. In that case, over 50 percent of the new company will be owned by Western Digital shareholders, with the remainder held by existing KIOXIA shareholders, including major stakeholder Toshiba.

In the modern era, flash-based memory and storage solutions are found in all devices - no matter how small or hyperscale - several sources and governing bodies would undoubtedly scrutinize a merger of this size.

This is not to say that it won't go through, but there's a larger focus on the future and security of semiconductors and tech than ever before. Neither KIOXIA nor Western Digital have commented on the supposed merger of the two companies.

However, it sounds like the deal is close to being formalized. According to the Kyodo News report, Japanese megabanks MUFG Bank and the state-backed Development Bank of Japan are getting involved to expedite the merger, with loans of up to $12.7 billion being proposed.

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Kosta is a veteran gaming journalist that cut his teeth on well-respected Aussie publications like PC PowerPlay and HYPER back when articles were printed on paper. A lifelong gamer since the 8-bit Nintendo era, it was the CD-ROM-powered 90s that cemented his love for all things games and technology. From point-and-click adventure games to RTS games with full-motion video cut-scenes and FPS titles referred to as Doom clones. Genres he still loves to this day. Kosta is also a musician, releasing dreamy electronic jams under the name Kbit.

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