South Korea SK Hynix to acquire Intel's memory business October 21, 10:23

Korean semiconductor maker SK Hynix announced that it will acquire the storage semiconductor and NAND flash memory business from Intel in the United States for about 950 billion yen in Japanese yen.

As a result, it is expected that it will overtake Kioxia Holdings, which is independent of Toshiba, to take second place, and Korean companies will occupy the top position in this field along with Samsung Electronics, which has the largest share in the world.

South Korean semiconductor maker SK Hynix announced on the 20th that it will acquire the business of NAND flash memory, a semiconductor for storage, from Intel in the United States.



The purchase price is 9 billion dollars, which is about 950 billion yen in Japanese yen, and the company aims to complete the procedure by 2025.



SK Hynix has been said to be inferior in competitiveness with other companies in the NAND flash memory business, and regarding this acquisition, "We are entering the big data era and will be competitive in the rapidly growing field. We want to strengthen it and lead to a leap forward as a global company. "



When the acquisition is completed, SK Hynix is ​​expected to take second place in the world market in this field, overtaking Kioxia Holdings, which is independent of Toshiba, and Korean companies will be ranked second along with industry leader Samsung Electronics. It is said that it is likely to change the global semiconductor market.