Western digital takes over Toshiba's memory division
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It's been rumored for a long time and finally Western Digital has taken over Toshiba's memory division in an operation that amounts to $ 18.3 billion. Western Digital is one of the largest manufacturers of mechanical disks in the world and has recently started its adventure in the world of SSDs, an adventure that is reinforced by this acquisition.
Toshiba sells its memory division to Western Digital
Toshiba is not going through its best economic moment so those 18.3 billion will represent an oxygen balloon in order to ensure the future of the company. At the same time, Western Digital is gaining access to a very juicy market in which an enormous number of memory chips are sold every year, which are used in devices as varied as smartphones, tablets, laptops and many more.
Western Digital now has its own memory chips so it eliminates its dependence on third parties when developing its new SSD drives, this translates into lower costs so that the company has more scope to reduce sales prices or increases your profits.
The agreement will become official on Wednesday , September 20.
Source: techpowerup
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