It is reported that the merger negotiations between Shexia and Western Digital are in the final stage, and the new company will become the number one in the global NAND storage industry.

CTOnews.com, June 5 (Xinhua)-- according to Kyodo news agency, the merger negotiations between NAND memory manufacturer Leixia and Western Digital have entered the final adjustment stage, and Knight will dominate the new company after the merger.

▲ image source: armoured Man

Reported that the revenue scale of the new company after the merger is expected to surpass Samsung to become the world's largest NAND memory manufacturer. Due to the deteriorating market conditions and poor performance of storage products used for purposes such as smartphones, the two sides hope to merge to improve operational efficiency. The report quoted people familiar with the matter as saying that the merger will further negotiate details such as the proportion of capital contribution when the armor is in the lead.

▲ source: according to the data of Omdia, the market share of Knight-errant and Western Digital ranked 3rd and 4th in 2022. The combined NAND memory revenue is expected to reach 2.5 trillion yen (CTOnews.com Note: currently about 126.75 billion yuan), surpassing Samsung Semiconductor, the industry leader in NAND.

CTOnews.com access information learned that the armor was born in the "father of flash memory" Toshiba. According to Reuters, citing people familiar with the matter, Che Xia will contribute 43 per cent of the combined company and 37 per cent of Western Digital, with the remaining 20 per cent owned by existing shareholders such as Toshiba, and the new company plans to list on the Tokyo Stock Exchange in the future.