Intel sells off its SSD and memory business to SK Hynix in drawn-out $9bn deal

[snips86x]

Intel has agreed to sell its memory and storage business to SK Hynix for $9bn, or 10.3tr KRW. Intel's memory business includes all of its solid-state drives, NAND flash, and even a fab in northeastern China, which will all be transferred to the South Korean memory giant in stages through to 2025.

https://www.pcgamer.com/uk/intel-ssd-business-sk-hynix-sale/

 

[snips86x]

Ahh crap, can a mod move this to the storage thread section?

 

[pc-guy]

Wonder if this deal has anything to do with the global decoupling effect between China and western world.

 

[Stolly]

Wonder if this deal has anything to do with the global decoupling effect between China and western world.

bloody good point that.