This is a news story that's been rumbling along for a good while now. Kioxia and Western Digital, two of the largest SSD and USB memory stick manufacturers in the world, have been repeatedly trying to merge into a single company, except that SK Hynix has blocked the attempt every single time. This time, however, Kioxia is trying a different approach and is apparently trying to sweeten the deal by agreeing to let SK Hynix use both Kioxia's and WD's fabrication plants for its own line of memory and NAND flash chips.
That's according to a very brief report by Reuters, at least, but it's almost certainly the case as Kioxia and Western Digital are out of options with regard to getting the merger to take place. If you're wondering why SK Hynix has the power to veto the deal, it's because that company is an investor in Kioxia and has dropped considerable sums of money into the Japanese firm's manufacturing lines.
