EconomicJapan·Unpinned15 Oct 2026
Kioxia market value drops as Chinese chip competition increases
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Japanese memory chip maker Kioxia Holdings experienced a decline in market value to one-third of the peak it reached four months ago. This decrease occurred as Chinese competitors gained ground and rising interest rates threatened the business model of data centers. Despite the drop in market value, Kioxia’s earnings for the April-September period,…
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Nikkei Asia
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