Japan plans to extend ~$1.64B worth of subsidies for Kioxia and Western Digital to expand memory chip production as merger talks between the two stalled in 2023 (Sam Nussey/Reuters)


Sam Nussey / Reuters:

Japan plans to extend ~$1.64B worth of subsidies for Kioxia and Western Digital to expand memory chip production as merger talks between the two stalled in 2023  —  Japan’s industry ministry said on Tuesday it would extend subsidies worth as much as 242.9 billion yen ($1.64 billion) …

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