Intel to Sell NAND Flash Memory Business to SK Hynix for $9 Billion
The world’s second-largest chipmaker, South Korea’s SK Hynix, on Tuesday announced a $9 billion (roughly Rs. 66,000 crores) deal to buy Intel’s flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics. SK Hynix is already the world number two maker of DRAM chips, used in computers and servers, and … Read more