Market Chatter: Kioxia Dismisses Prospect of Deeper Manufacturing Ties with SK Hyni

MT Newswires Live

9 hours ago

Japan-based semiconductor memory manufacturer Kioxia Holdings (TYO:285A) has dismissed the prospect of deeper manufacturing ties with a rival and stakeholder, SK hynix (KRX:000660), Bloomberg News reported Thursday, citing Chief Executive Hiroo Ota.

The two memory chipmakers are expanding production capacity to meet high-order demand from artificial intelligence service providers, fuelling double-and triple-digit price increases.

The CEO said deeper ties would face antitrust hurdles and complicate ongoing operations at its jointly owned production facilities with Sandisk Corp.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BKIV","symbol_name":"BNY MELLON INNOVATORS ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2666552626","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2666552626","pubTimestamp":1789013534,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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