SK Hynix to buy part of Intel's business for about $9 billion

SK Hynix to buy part of Intel's business for about $9 billion

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-intel-divestiture-sk-hynix-chip/sk-hynix-to-buy-part-of-intels-business-for-about-9-billion-idUSKBN27500E

SK Hynix said on Tuesday it will buy Intel's solid state drive (SSD) business, NAND memory chip product and wafer business, as well as its production facility in Dalian, China for about $9 billion in an all-cash deal.

SK Hynix to buy part of Intel's business for about $9 billion

Oct 20, 2020, 1:18am UTC
https://www.reuters.com/article/us-intel-divestiture-sk-hynix-chip/sk-hynix-to-buy-part-of-intels-business-for-about-9-billion-idUSKBN27500E >SK Hynix said on Tuesday it will buy Intel's solid state drive (SSD) business, NAND memory chip product and wafer business, as well as its production facility in Dalian, China for about $9 billion in an all-cash deal.