UPDATED. 2024-07-12 07:53 (금)
SK hynix in talks to acquire Intel’s Dalian memory plant: reports
SK hynix in talks to acquire Intel’s Dalian memory plant: reports
  • Yy Lee
  • 승인 2019.07.15 13:54
  • 댓글 0
이 기사를 공유합니다

South Korean Chipmaker denies rumors
Intel's Fab 68 in Dalian, China.
Intel's Fab 68 in Dalian, China.

SK hynix, the world’s No.2 memory chipmaker, is looking to acquire Intel’s memory chip production facility in China’s Dalian, according to Chinese media reports.

On July 11, Chinese semiconductor media Ji Wei Wang (集微网) said that SK Hynix is in talks with Intel for acquiring the Intel Fab 68, a 3D Nand flash production plant.

“Should this deal happen, Intel would be selling off all of its NAND related assets, with the exception of 3D cross point technology,” said the media outlet. In January, Intel sold off its entire stake in IM Flash, a flash memory joint venture it created with Micron.

SK Hynix denied the rumors. "We haven't heard anything about such talks," a spokesman told The Elec.  

Intel sells a small portion of flash memory chips, but has insignificant market presence. At the same time, its Non-Volatile Memory Solutions Group that produces 3D Nand flash memory is straddled with debt.

In 2016, the group incurred 634 billion won ($54.7 million) of deficit, and $260 million of deficit in 2017. Last year, it posted a $5 million deficit despite receiving $160 million of government subsidies.

Unloading the Dalian plant could further help Intel get back on track financially, as it’s worth a hefty sum, according to market watchers. Last year, Intel’s fixed assets in China stood at $6.41 billion last year, and they were mostly focused in the Dalian plant, excluding equipment that has been written off for depreciation.


The Elec is South Korea’s No.1 tech news platform.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
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 © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr