Due to massive losses from their nuclear power business, Toshiba is spinning off their NAND manufacturing business and what was initially supposed to be a sale of just 20% of the business has turned into a majority stake. Numerous companies have been reported to be interested in acquiring the Toshiba memory business including heavy hitters such as SK Hynix, Micron, Western Digital, Tsinghua Unigroup, and more.
According to a new report from DigiTimes, it looks like pure-play foundry TSMC (Taiwanese Semiconductor Manufacturing Company) may also be interested in acquiring a stake in Toshiba’s NAND business to expand into the storage business.
Struggling Japanese conglomerate Toshiba just can’t seem to catch a break. According to a recent announcement, the company is now expecting a 712.5 billion Yen ($6.3 billion) writedown of losses stemming from their nuclear power business, resulting in a net income loss of 390 billion Yen ($3.4 Billion).
As a result of the recent projections release, Toshiba Chairman Shinegori Shiga has stepped down from his role as chairman and Toshiba is now reportedly planning to sell a majority stake in their memory business to cover their losses. Toshiba’s memory business was previously expected to be spun off by the end of March with Toshiba selling a 20% stake to [...]
It’s no secret that China wants advanced chip manufacturing technology and will do whatever it takes to get it. However, after several failed attempts by China’s state sponsored technology investment group, Tsinghua Unigroup, to acquire US chip manufacturing companies such as Western Digital and Micron, it appears that they have given up on acquiring the manufacturing capability altogether and have decided invest into building their own manufacturing capability instead.
According to a recent statement from Tsinghua Unigroup, the investment group recently revealed plans to invest $30 billion into the construction and development of a DRAM and 3D [...]
Although the DRAM and NAND industry has seen quite a bit of consolidation over the past 10 years, it looks like some new players from China may be entering the market soon bringing some welcome competition to the market. According to a recent article by DigiTimes, three China based firms may be gearing up to enter the market with all three expected to begin competing for the Chinese market in 2018.
Yangtze River Storage Technology (YRST)
YRST, or Yangtze River Storage Technology, is the most promising of the companies as it’s backed by Tsinghua Unigroup, a Chinese state run technology company. YRST already owns a 12-inch wafer fab which [...]
The Wall Street Journal recently reported that according to “a person familiar with the matter”, a potential buyout offer was in the works by China’s Tsinghua Unigroup who plans to make a $23 billion offer to purchase Idaho based chipmaker, Micron.
According to the report, China’s state-owned Tsinghua Unigroup is planning to offer $21 per share for Micron, which is 19.3% higher than the company’s closing stock price on Monday. Micron is currently the world’s fifth largest chipmaker by revenue and the world’s third largest memory manufacturer behind Samsung and SK Hynix. If this deal goes through, it will be the biggest [...]