Intel is selling its NAND business to SK Hynix for $9 billion - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Tuesday 20 October 2020

Intel is selling its NAND business to SK Hynix for $9 billion


SK Hynix expects to receive government approvals for the deal by the end of 2021, at which point it will hand over the first payment of $7 billion. The remaining $2 billion is expected to be paid when the last of Intel’s NAND memory and storage business assets are handed...

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