Originally published at: https://www.myce.com/news/toshibas-nand-memory-division-sold-sold-consortium-containing-apple-dell-sk-hynix-82539/ Toshiba has finally sold its NAND flash memory division. The buyer is a consortium of companies led by Bain Capital. In the consortium are large tech companies like Apple, Dell and SK Hynix. The consortium will pay about $18 billion.
Bad day for consumers? Will the prices stay high and get higher?
This is not a done deal. Not even close, no papers have been signed.WD/Sandisk has like three suits filed against them so I wouldn't consider this deal absolutely final just yet.
Hope it never happens. SK Hynix proclaimed some years ago they were No.2 in flash-memory (dunno if it´s true, thought it was/is Toshiba). If they get together and make a secret agreement with Samsung it would be awful for customers