Main | About FI | Services | Reports - Buy it Now Feature | Presentations | News | Contact Us




Back

Toshiba Memory to Acquire Lite-On’s SSD Business: Gains IP, R&D, Manufacturing Ops

AnandTech | Anton Shilov
September 3, 2019 8:00 AM EST

Toshiba Memory, which is set to rebrand as Kioxia Holdings this October, has signed a definitive agreement to acquire SSD business of Lite-On Technology Corp. The decision will enable Toshiba to produce its own SSDs using proven IP, technologies, and product lines.

While Lite-On is primarily known for its SSDs as well as optical disc drives, the company produces a wide range of products for major PC makers, including Dell and Lenovo. Despite the fact that Lite-On is the world’s No. 3 supplier of enterprise and datacenter NVMe drives with a 7% market share (according to Forward Insights), SSD business is not the main source of revenue that Lite-On has.


https://www.anandtech.com/print/14813/toshiba-memory-to-acquire-liteons-ssd-business-gains-ip-rd-manufacturing-ops



Copyright © 2007 - 2019 Forward Insights. All rights reserved.