Bain completed the acquisition of Toshiba's memory division!

Set Micro-Network News, June 1, 2018, Bain Capital officially announced that it has completed the acquisition of Toshiba's memory division, after which the division will become an independent Japanese company.

Bain Capital stated that the company will continue to help TMC to grow and expand in the future, and through the necessary capital investment, it will help TMC become an important part of the global memory supply chain. 'We are confident in the strength of TMC and its future growth potential.'

This news also indicates that the acquisition of Toshiba's memory business has finally settled.

Will the market show a concentrated trend?

In September last year, To ensure that the company needed the necessary funds for its reconstruction, Toshiba decided to sell its storage business at a price of 2 trillion yen to the 'US-Japan-Korea Union' led by the Bain Foundation. Except for Apple, Dell, Seagate and Kingston etc. Company, Korean chip maker SK Hynix is ​​also among the members of the consortium.

Coughlin Associates Chairman, Tom Coughlin, Digital Storage Industry Analyst, sent a statement through Forbes that since Western Digital’s disagreements with Toshiba have already been solved earlier, TMC’s completion of the sale will enable the two companies to jointly own the world’s second largest flash memory production plant. Into a stable state. Western Digital is likely to have a stable fab partnership. Systems and equipment manufacturers such as Apple, Dell, Kingston and Seagate will also be directly connected to flash chip supply channels, while SK Hynix will be able to obtain Part of Toshiba flash memory technology.

However, Coughlin believes that the completion of the TMC sale does not mean that the flash chip market is concentrated. On the contrary, the market will have more players. 'With the maturity of commodities such as flash memory, compared with the usual industrial integration, this is An interesting reversal. 'He wrote, 'This expansion in the number of players is driven by the rise of a number of Chinese flash memory manufacturers. Obviously, the flash memory industry has not yet completed its integration.'

In the short term, the completion of the TMC sale will not cause any significant impact on its own business. DRAMeXchange of Jibang Consulting also believes that after the completion of the transaction, the investment plans of Toshiba’s follow-up Fab 6 and Fab 7 will proceed smoothly and with sufficient funds as expected. The investment also enabled Toshiba’s flash memory division to focus more on the development of new technologies, thus continuing to compete with Samsung in the NAND flash memory market while maintaining a good relationship with Western Digital.

Toshiba issued a report in May that the company had turned a profit in the fiscal year ending in March. Toshiba stated in a statement that it will promptly announce any matter related to the transaction and demand further disclosure. Completion, but also for Toshiba ushered in late!

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