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   Technology StocksWDC, NAND, NVM, enterprise storage systems, etc.


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From: Sam6/23/2021 10:28:14 PM
   of 4703
 
Japan's Kioxia, formerly Toshiba Memory, aims for Sept IPO - report
REUTERS 9:05 PM ET 6/23/2021

Symbol Last Price Change
79.02 +1.36 (+1.7512%)
69.24 +0.78 (+1.1394%)
44.23 -0.44 (-0.985001%)
QUOTES AS OF 04:00:00 PM ET 06/23/2021


TOKYO, June 24 (Reuters) - Japan's Kioxia Holdings Corp, the world's second largest maker of flash memory chips and formerly known as Toshiba Memory, plans an initial public offering as early as in September, weekly financial magazine Diamond reported on Thursday.

Kioxia last year shelved plans to offer up to 334.3 billion yen ($3 billion) in shares, which would have been Japan's largest IPO of 2020, amid heightened trade frictions between China and the United States.

The Tokyo bourse is expected to give its approval in July, the report said, citing sources.

A Kioxia spokesperson on Thursday said the firm was "aiming to IPO at the appropriate time" but declined to comment further.

Media reports previously cited interest from rivals such as Micron Technology Inc(MU) and Western Digital Corp.(WDC)

Kioxia is controlled by private equity firm Bain Capital, after a financial crisis forced Toshiba Corp(TOSBF) to sell a majority stake in the business.

The Japanese conglomerate, which is embroiled in a corporate governance scandal, now has a 40.6% stake. Toshiba(TOSBF) shares rose 0.4% to 4,860 yen by mid-morning trade. ($1 = 111.0700 yen) (Reporting by Sam Nussey; Writing by Ritsuko Ando; Editing by Jacqueline Wong and Jane Wardell)

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From: Sam6/25/2021 11:30:54 PM
   of 4703
 
Geez!!!

Western Digital blames malware for My Book Live devices being wiped remotely
It's advising owners to disconnect the device from the internet for now.
M. Moon
@mariella_moon
June 25th, 2021
engadget.com

People who own and use a Western Digital My Book Live cloud storage device may want to disconnect it from the internet as soon as possible. As first reported by Bleeping Computer, a number of people worldwide who own the network-attached storage device took to the company's forum to report that all their files had been deleted. Terabytes' worth of data, years of memories and months of hard work vanished in an instant. The users couldn't even log into WD's cloud infrastructure for diagnosis, because their passwords were no longer working.

Several owners looked into the cause of the issue and determined that their devices were wiped after receiving a remote command for a factory reset. The commands starting going out at 3PM on Wednesday and lasted throughout the night. One user posted a copy of their log showing how a script was run to shut down their storage device for a factory restore:

Jun 23 15:14:05 MyBookLive factoryRestore.sh: begin script:
Jun 23 15:14:05 MyBookLive shutdown[24582]: shutting down for system reboot
Jun 23 16:02:26 MyBookLive S15mountDataVolume.sh: begin script: start
Jun 23 16:02:29 MyBookLive _: pkg: wd-nas
Jun 23 16:02:30 MyBookLive _: pkg: networking-general
Jun 23 16:02:30 MyBookLive _: pkg: apache-php-webdav
Jun 23 16:02:31 MyBookLive _: pkg: date-time
Jun 23 16:02:31 MyBookLive _: pkg: alerts
Jun 23 16:02:31 MyBookLive logger: hostname=MyBookLive
Jun 23 16:02:32 MyBookLive _: pkg: admin-rest-api

The WD My Book Live devices connect to the internet via an Ethernet cable, and owners can use it to wirelessly back up their computers or to access their files from any device. It's a great solution for homes and businesses with multiple computers and phones that run different operating systems.

As Bleeping Computer notes, the storage solution communicates through the My Book Live cloud servers to provide remote access. It's an old model that hasn't been updated since 2015, but it's still protected by a firewall. Some of the affected owners expressed concerns that Western Digital's servers were hacked, allowing bad actors to send out a remote factory reset command to all devices connected to them.

However, Western Digital blames the incident on malware in a statement it issued to address the situation. The company said some My Book Live devices were compromised, though it didn't explain how bad actors were able to infiltrate them, and that owners should disconnect the storage solution from the internet for now.

The whole statement reads:

"Western Digital has determined that some My Book Live devices are being compromised by malicious software. In some cases, this compromise has led to a factory reset that appears to erase all data on the device. The My Book Live device received its final firmware update in 2015. We understand that our customers' data is very important. At this time, we recommend you disconnect your My Book Live from the Internet to protect your data on the device. We are actively investigating and we will provide updates to this thread when they are available."


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From: Sam6/29/2021 3:45:55 PM
   of 4703
 
Flash device controller suppliers see order visibility stretched
Siu Han, Taipei; Jessie Shen, DIGITIMES Monday 28 June 2021

NAND flash device controller suppliers have seen order visibility stretched beyond 2022 to 2023, thanks to strong demand for notebook, Chromebook and handset applications, coupled with foundries' tight mature process capacity, according to sources at Phison Electronics and its fellow companies.

Phison said that shortages of flash device controller chips continue to worsen. The supply of flash device controllers started falling short of demand in the second half of 2020.

Meanwhile, NAND flash chip vendors continue to see their supply constrained leaving little room for them to release extra chips to the spot and channel markets, Phison indicated. NAND flash contract prices are poised to rise 10% or more in the third quarter, driven by a strong pull-in of orders from OEMs and datacenter vendors, the flash device controller said.

Besides, with the new-generation iPhones and other new flagship models set to roll out later this year, NAND flash market conditions in the second half of 2021 will depend very much on the overall smartphone demand, Phison continued.

Sources at other flash device controllers said that Chromebook and other notebooks equipped with eMMC flash memory remain their supply priority due to 10-15% higher prices than those they offer for entry-level and mid-range handsets. The outlook for flash device controller shipments in the second half of this year remains upbeat.

Upgrading to Windows 11 also requires memory upgrades, which will also stimulate demand for flash device controllers, the sources also noted.

In addition, demand for datacenter applications started picking up substantially between March and April prompting chip vendors to give supply priority to datacenter vendors. Prices for datacenter SSDs are expected to rise 15-30% in the third quarter, as demand particularly that for 1TB SSDs adopting TLC NAND chips will be in huge demand, according to the sources.


digitimes.com

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To: Sam who wrote (4671)6/30/2021 2:50:29 AM
From: Elroy
   of 4703
 
NAND flash chip vendors continue to see their supply constrained leaving little room for them to release extra chips to the spot and channel markets,

SIMO says there is no shortage of NAND memory supply. The shortage is in controllers, not in NAND. Just fyi.......

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To: Elroy who wrote (4672)6/30/2021 11:55:40 AM
From: SiliconAlley
   of 4703
 
SIMO says there is no shortage of NAND memory supply. The shortage is in controllers, not in NAND.


SIMO says lots of things. Don't believe everything SIMO says.

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From: Sam7/2/2021 11:25:58 PM
   of 4703
 
Western Digital won’t fix a vulnerability found in older My Cloud OS3 storage devices
Igor Bonifacic·Contributing Writer
Fri, July 2, 2021, 5:28 PM·2 min read

Owners of Western Digital network attached storage (NAS) devices may have yet another security headache on the horizon. Following the two flaws hackers exploited to wipe My Book Live devices remotely, security journalist Brian Krebs has published a report on another zero-day vulnerability that affects Western Digital products running the company’s My Cloud OS3 software. What’s more, it doesn’t appear there will be an official fix for those who don’t upgrade to a newer storage solution.

Earlier in the year, security researchers Radek Domanski and Pedro Ribeiro discovered a series of weaknesses that allow a malicious actor to remotely update a My Cloud OS3 device to add a backdoor. The two say they never heard back from the company when they tried to contact it about the vulnerability. Western Digital attributes its response (or lack thereof) to one of its previous policies.

“The communication that came our way confirmed the research team involved planned to release details of the vulnerability and asked us to contact them with any questions,” a spokesperson for the company told Krebs. “We didn’t have any questions so we didn’t respond. Since then, we have updated our process and respond to every report in order to avoid any miscommunication like this again.”

While the flaw isn’t present in Western Digital's new My Cloud OS 5, it’s unclear if the company ever went back to address it in My Cloud OS3. What’s more, it no longer plans to support the older software. “We will not provide any further security updates to the My Cloud OS3 firmware,” Western Digital says in a support page dated to March 12th, 2021. “We strongly encourage moving to the My Cloud OS 5 firmware. If your device is not eligible for upgrade to My Cloud OS 5, we recommend that you upgrade to one of our other My Cloud offerings that support My Cloud OS 5.”

When Engadget reached out to Western Digital, a spokesperson for the company told us "there is a fix for this vulnerability — we 'patched' OS3 with OS 5." They added: "My Cloud OS 5 is a major security release that provides an architectural revamp of our older My Cloud firmware. All My Cloud products currently under active support are eligible for the My Cloud OS 5 upgrade and we recommend that all users upgrade as soon as possible to benefit from the latest security fixes."

If you own a device that you can't update to My Cloud OS 5, you can download a patch Domanski and Ribiro developed. One thing to note is you’ll need to reapply it each time you reboot your device. You can also protect your My Cloud NAS drive by limiting its access to the internet.

Update 6:35PM ET: Added comment from Western Digital.

finance.yahoo.com

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To: Sam who wrote (4674)7/5/2021 9:44:52 AM
From: Unwelcomeguest
1 Recommendation   of 4703
 
This isn't getting any better for WDC. A couple of hackers have posted a video describing exactly how to hack into one of the many drives using the OS3 software. Also, many users have complained that the 'upgraded' OS5 software has eliminated many of the features of OS3. WDC says that once the OS5 upgrade is implemented, users cannot go back to OS3, although the hackers found a way to do it.

Here is the link to the article with the embedded video. I watched a lot of it, but the technical hacking part was over my head. techtelegraph.co.uk

UWG

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From: Elroy7/8/2021 10:48:38 AM
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SIMO's revenues forecast to be about $220m in Q2 2021, up 20% sequentially

Q2 2020 sales were $138m, so year on year growth exceeds 50%

Amazingly, the share price is down on this good news! SIMO seems to be trading like a classic cyclical semi stock (sell the good news) despite that fact that it's a pure growth. and it should in fact show results counter the classic semi cycle results (when memory is in excess supply and memory prices are weak = the bottom of the semi cycle - SIMO should do great as their fundamentals are driven by number of devices which use memory, not the price of memory itself.

Anyways, when is WDC going to grow quarterly sales above 25% per year?

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To: Elroy who wrote (4676)7/8/2021 1:32:14 PM
From: SiliconAlley
2 Recommendations   of 4703
 
Anyways, when is WDC going to grow quarterly sales above 25% per year?

No one here cares about SIMO revenues.. Wake us when SIMO revenues reach $17 billion, and they achieve 25% growth on that.

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From: Elroy7/8/2021 3:58:17 PM
1 Recommendation   of 4703
 
I've got Silicon Alley on ignore, so I have no idea what he's posting.

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