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Semiconductors names will have a tough going in 2019 due to weaker end-demand trends, inventory adjustments, and china trade issues, RBC said.
China's Tsinghua Unisplendour Corp. is backing out of its deal to invest in Western Digital, so Western Digital slashed its takeover price for SanDisk.
It's not about Apple, but it does have to do with your iPhone.
"The company expects to achieve full annual run-rate synergies of $500 million within 18 months post-closing," management said.