UPDATED. 2022-11-24 17:45 (목)
SK Hynix completes first phase of Intel NAND business acquisition
SK Hynix completes first phase of Intel NAND business acquisition
  • Jang Keyoung Yoon
  • 승인 2021.12.30 17:09
  • 댓글 0
이 기사를 공유합니다

South Korean firm acquires US firm’s Dalian fab
Image: SK Hynix
Image: SK Hynix

SK Hynix said on Thursday that it has completed the first phase of its acquisition of Intel’s NAND and solid-state drive (SSD) business.

The South Korean chipmaker acquired Intel’s SSD business based in the US and their NAND flash fab in Dalian, China, after Chinese authorities approved the deal earlier this month.

SK Hynix will pay US$7 billion to Intel with the completion of the first phase.

In the second phase, which will now start and close in March 2025 after which there will be an additional payment of US$2 billion, the South Korean company will secure Intel’s remaining assets of its NAND business such as IP related to manufacturing and design of NAND flash wafers, research employees for NAND flash wafers and the workforce at the fab in Dalian as well as other associated assets, the company said.

SK Hynix also announced that it has formed a new subsidiary in the US called Solidigm, based in San Jose, to manage the newly acquired SSD business.

SK Hynix co-CEO Lee Seok-hee will be the first executive chairman of Solidigm, while Intel senior vice president Rob Crooke will become the new CEO of the subsidiary.
 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2022 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트