Japanese chipmaker
The two companies were expected to agree on the merger by the end of the month, a move that would have created the world's leading producer of memory chips for PCs and smartphones. The sources said they may resume talks later, though it is uncertain how the deal will end.
The two companies had planned to set up a holding company to integrate their operations of producing NAND flash memory chips and list the new company on the
The South Korean chipmaker said Thursday that it is opposed to the merger plan.
Currently, Kioxia and
==Kyodo
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