Back in August 2019, we heard that Kioxia and LITE-ON had entered into a share purchase agreement, with Kioxia set to acquire LITE-ONs SSD business. Today the transaction is set to be finalised. The market for SSDs is expected to continue to rapidly expand in the coming years and Kioxia …
Read More »Toshiba Memory is acquiring Lite-On’s SSD business
Back in July, Toshiba Memory Corp announced plans to kick off a new era for the company under a new name. Part of this new era will include some expansion, as Toshiba Memory is acquiring Lite-On Technology's SSD business in a deal worth $165 million. The agreement will see Toshiba …
Read More »Lite-On Group readies new brand for affordable SSDs
Lite-On Group, a large conglomerate of hardware manufacturers, is working on a new lineup of inexpensive solid-state drives. The new Zeta family of SSDs will be based on inexpensive controllers as well as on NAND flash memory from SK Hynix, which is pretty rare on the market of retail storage …
Read More »Lite-On expecting a 6 to 700% increase in 2012 SSD revenue
If the question was asked about what type of hardware Lite-On is renowned for bringing to market, I'm sure the majority of you would have been quick to say optical drives. A statement was briefly made by the company this week that it expects to see massive growth in one …
Read More »