Any Kioxia-Western Digital deal should ensure equal hubs in Japan, U.S. – senior lawmaker
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2021-09-17 07:30
Any Kioxia-Western Digital deal should ensure equal hubs in Japan, U.S. – senior lawmaker
By Makiko Yamazaki, Kaori Kaneko and Ritsuko ShimizuTOKYO (Reuters) – Any merger of Japanese chipmaker Kioxia Holdings and U.S. rival Western Digital Corp should ensure critical operations are split equally between the two countries, a senior member of Japan's ruling party told Reuters.The comments from Akira Amari, a former economy minister and influential lawmaker in the ruling Liberal Democratic Party (LDP), underscore Japan's desperation https://www.reuters.com/technology/japan-sees-peril-us-chip-hub-counter-china-2021-08-17 to preserve the remnants of its semiconductor industry, an area where it once led the world but has since been eclipsed.

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