Wired
SK hynix, a major semiconductor company in South Korea, has agreed to acquire Intel’s NAND memory and SSD business for $ 9 billion (about 950 billion yen) on the 20th.
Elevated to second place in the industry after Samsung
SK hynix is also known as Apple’s supplier, and is the second largest DRAM memory market share ranking in the world after Samsung, the same Korean company. On the other hand, in the NAND memory business, it was ranked 5th, behind companies such as Kioxia (Toshiba), Western Digital, and Micron in addition to Samsung, but it is expected to rise to 2nd place by acquiring Intel, which is 6th. ..
With government approval by the second half of 2021, we plan to pay $ 7 billion by the end of the year and the remaining $ 2 billion to Intel in stages by 2025. The acquisition targets include intellectual property rights such as patents, employees, and research facilities in Dalian, China.
Part of business restructuring for Intel
In the acquisition agreement, SK hynix CEO Lee Suk-hee said, “By securing each other’s strengths and technologies, SK hynix will proactively meet the various needs of consumers and optimize the business foundation. However, it seems that many analysts take a cautious view because it will be the highest acquisition ever for the company.
In fact, Intel’s memory-centric division had an operating loss of $ 1.2 billion in 2019. In addition, Intel sold the 5G modem division to Apple for 3 billion dollars (about 316 billion yen) in 2019, and intends to improve the business condition by aggressively reviewing unprofitable businesses. It seems like.
Source: AppleInsider, Bloomberg, Nihon Keizai Shimbun, Semiconductor Engineering
(kihachi)
Source: iPhone Mania