Western Digital plans to spin off its flash memory unit into a second public company, and focus on hard drives, after the Kioxia merger collapsed; WDC jumps 5%+ (Samrhitha Arunasalam/Reuters) 30-10-2023

Samrhitha Arunasalam / Reuters:
Western Digital plans to spin off its flash memory unit into a second public company, and focus on hard drives, after the Kioxia merger collapsed; WDC jumps 5%+ — Western Digital (WDC.O) said on Monday it would split itself into two companies that would focus on the hard drive and flash memory markets …