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Korea M&A Corporation
Potential buyers looking at reduced acquisition price for DB HiTek
https://img.koreatimes.co.kr/upload/newsV2/images/202108/9a39a39261514579b8e5bcf5f40eb178.jpg/dims/resize/740/optimize Top conglomerates keeping eye on Korea's No. 2 foundry chipmaker As semiconductors, electric vehicle (EV) batteries and displays are classified as national strategic industries, many governments are actively investing in these high-technology industries.Among the core strategic ..
SK hynix to acquire Intel’s NAND business for $9 billion
SK hynix is buying Intel’s NAND memory and storage business for $9 billion, one of the largest acquisitions in Korean corporate history. The deal announced on Tuesday will make the Korean chipmaker the second largest NAND flash maker in the world and accelerate Intel’s retreat from the memory chip business. The board of SK hynix approved the deal on Tuesday and announced it on an electronic disc..