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Singapore seeks feedback on US$19b acquisition of SanDisk by Western Digital

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Singapore's anti-trust body said on Friday it is seeking feedback over the US$19 billion acquisition of SanDisk Corp by US giant Western Digital Corp.

SINGAPORE'S anti-trust body said on Friday it is seeking feedback over the US$19 billion acquisition of SanDisk Corp by US giant Western Digital Corp.

The Competition Commission of Singapore (CCS) said the proposed acquisition, according to both parties, "will not result in a substantial lessening of competition for enterprise SSDs (solid-state drives) in Singapore or worldwide".

CCS was told that the two companies overlap globally in the supply of only enterprise SSDs, a more premium form of storage device compared to spinning hard-disk drives (HDDs).

SanDisk is one of the largest makers of Nand flash memory chips, which store data in mobile devices. The technology is useful in cloud-computing data centres, given the smaller power consumption and quick processing speed.

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In early 2014, Western Digital moved its production for its unit HGST Singapore from here to Thailand. It fired more than 500 workers based in Singapore then, alongside the move.

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