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China's JCET to buy stake in flash memory facility from Western Digital

By REUTERS

4 Mar 2024

BEIJING, March 4 (Reuters) - Chinese chip assembly and testing firm JCET Group (600584.SS), opens new tab said on Monday it plans to buy an 80% stake in a Shanghai flash memory facility owned by Western Digital Corporation (WDC.O), opens new tab for about $624 million in cash.

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