SEOUL -- SK Hynix announced Tuesday that it has signed a deal to buy U.S. chipmaker Intel's NAND memory unit for $9 billion, an acquisition that is set to catapult the South Korean company into the No. 2 spot in the global NAND market.
Business deals
SK Hynix to buy Intel's NAND memory unit for $9bn
Biggest M&A by a South Korean company is set to transform chipmaking landscape
South Korea's SK Hynix said on Oct. 20 that it will acquire Intel's memory chip unit in a potentially industry-shaking deal. (Source photos by Reuters)
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