Japanese chipmaker Kioxia Holdings Corporation has offered its investor SK hynix Inc. (KOSE:A000660) the opportunity to produce semiconductors at its plants in Japan in a bid to revive its merger talks with Western Digital Corporation (NasdaqGS:WDC), the Jiji news agency reported on February 16, 2024. The talks stalled last year after South Korea's SK Hynix opposed to the plan to create an American-Japanese memory chip giant. Kioxia aims to court SK Hynix's approval of the merger in return for letting SK Hynix produce chips at Japanese plants co-operated by Kioxia and Western Digital, Jiji said.
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Other stock markets
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5-day change | 1st Jan Change | ||
77.06 USD | -2.23% |
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-1.75% | +47.15% |
16/07 | Evercore ISI Adjusts Price Target on Western Digital to $90 From $85, Maintains Outperform Rating | MT |
12/07 | Citigroup Adjusts Price Target on Western Digital to $95 From $90 | MT |
Stocks mentioned in the article
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Capi.
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2,33,000 KRW | +1.30% | -2.31% | 12TCr | ||
77.06 USD | -2.23% | -1.75% | 2.52TCr | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
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+47.15% | 2.52TCr | |
+79.30% | 2.08TCr | |
-5.03% | 202.14Cr | |
+32.32% | 92Cr | |
+0.69% | 85Cr | |
-47.34% | 51Cr | |
-2.62% | 46Cr | |
-24.73% | 36Cr | |
+101.22% | 35Cr | |
+227.27% | 33Cr |
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- Kioxia Reportedly Offers SK Hynix Chipmaking Access in Japan to Revive Western Digital Merger Talks