KIOXIA is trading 9.31% up at ¥59530 after SK Group Chairman Chey Tae-won said SK Hynix is considering joint production, research, and supply-chain cooperation with KIOXIA in Japan.
- Potential alliance is strengthening expectations for expanded NAND capacity and sustained AI-related storage demand.
- KIOXIA has also said it already cooperates with SK Hynix on MRAM research and maintains a positive relationship.