© Reuters. Digitimes: Toshiba NAND production shuts temporarily, tightens global supply
- Toshiba (OTCPK:TOSBF, OTCPK:TOSYY) suspended NAND flash production at Japan facilities for three to six weeks after ransomware attacks, according to Digitimes sources.
- The shutdown reduced NAND flash production by almost 100K wafers, which could further tighten the global NAND supply that was expected to rebound in Q4.
- Top NAND players, by Q2 global market share: Samsung (KS:005930) (OTC:SSNNF, OTC:SSNLF), 35.6%; Toshiba, 17.5%; Western Digital (NYSE:WDC), 17.5%; Micron (NASDAQ:MU), 12.9%; SK Hynix, 9.9%; Intel (NASDAQ:INTC), 6.6%.
- Micron shares are up 2.38%.
- Western Digital shares are down 0.92% since it has memory JVs with Toshiba.
- Previously: UBS lowers Western Digital price target, positive on MAMR potential (Oct. 12)
- Now read: Intel: In Case We’re Wrong