
SEOUL -- SK Hynix said on Friday it plans to approximately double shipments of NAND flash memory chips this year, a move that would vault it to No. 2 position in the sector globally after it completed the first stage of acquiring U.S. company Intel's NAND business.
The South Korean chipmaker expects the $9 billion deal will help it absorb Intel's computing architecture skills in solid state drive, or SSD, a key part in the NAND business. Hynix completed its purchase of Intel's SSD division and its fabrication facility in Dalian, China in December, renaming it Solidigm.