South Korea's SK Hynix to buy Intel's NAND business for $9 billion

South Korea's SK Hynix to buy Intel's NAND business for $9 billion

3 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-intel-divestiture-sk-hynix/south-koreas-sk-hynix-to-buy-intels-nand-business-for-9-billion-idUSKBN2742IY

Intel Corp has agreed to sell its NAND memory chip business to SK Hynix Inc for $9 billion in an all-cash deal that would propel the South Korean chipmaker to second in the global rankings.