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Technology Stocks : Silicon Motion Inc. (SIMO)

SIMO 90.94

+2.6%

3:59 PM EST

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From: Elroy	1/20/2023 11:22:28 PM
	of 2978

Western Digital, Kioxia in advanced talks for merger - Bloomberg News finance.yahoo.com Under the plan being discussed, Western Digital would spin off its flash business and merge it with Kioxia, creating a publicly traded company in the United States, Bloomberg said citing people familiar with the matter, adding that the company would also plan a second stock listing in Japan. -- Interesting. I think those two shops are mainly Phison controller customers, but not really sure. I wonder how long it would take China to approve that deal? China is taking forever to approve the little MXL-SIMO deal which has zero anti-trust issue, a merger of NAND makers sounds a lot tougher.

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