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SK hynix Closes 1st Phase of Intel’s NAND Business Acquisition, Names New Entity Solidigm

SK hynix Closes 1st Phase of Intel’s NAND Business Acquisition, Names New Entity Solidigm

SEOUL, Dec. 30 (Korea Bizwire) — SK hynix Inc, South Korea’s key memory chip maker, said Thursday it has closed the first phase of the transaction to acquire Intel’s NAND and solid-state drive (SSD) business, and will name the newly established subsidiary Solidigm. The announcement came eight days after it received the merger clearance from [...]

Having Passed Major Regulatory Hurdle for Intel Deal, SK hynix Eyes Economies of Scale, Sharper Competitive Edge

Having Passed Major Regulatory Hurdle for Intel Deal, SK hynix Eyes Economies of Scale, Sharper Competitive Edge

SEOUL, Dec. 23 (Korea Bizwire) – The removal of the last regulatory hurdle for SK hynix Inc.’s acquisition of Intel Corp’s non-volatile memory business will likely accelerate the chipmaker’s plan to expand its presence and enhance competitiveness in the global NAND market, analysts said Thursday. On Wednesday, the Chinese antitrust regulator gave the much-awaited green [...]

SK hynix Gets China’s Approval for Intel NAND Biz Takeover

SK hynix Gets China’s Approval for Intel NAND Biz Takeover

SEOUL, Dec. 22 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. said Wednesday it has received approval from Chinese authorities for its takeover of Intel Corp.’s NAND memory chip business, clearing the final hurdle for the merger process. SK hynix received “merger clearance from the Chinese antitrust authority, State Administration for Market Regulation, for [...]

Disrupt-X Will Launch Cognitive Neurons IoT Platform for Community ANPR and Edu-Bot, a Unique AI Model for Student/Teacher Interaction Using Intel’s OpenVINO at GITEX 2021

Disrupt-X Will Launch Cognitive Neurons IoT Platform for Community ANPR and Edu-Bot, a Unique AI Model for Student/Teacher Interaction Using Intel’s OpenVINO at GITEX 2021

DUBAI, Arab Emirates, Sept. 23 (Korea Bizwire) — Disrupt-X, a Dubai-based IoT development company, recently announced their partnership with Intel IoT Alliance to launch Cognitive Neuron IoT Platform using ML/AI which is a bundle of AI-based Analytics Cloud Platform Solutions. Disrupt-X aims to leverage the power of IoT and artificial intelligence to revolutionize the current [...]

SK hynix Aims to Triple NAND Flash Sales in 5 Years with Intel Deal

SK hynix Aims to Triple NAND Flash Sales in 5 Years with Intel Deal

SEOUL, Nov. 4 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, aims to triple its NAND flash sales in the next five years with the acquisition of Intel Corp.’s non-volatile memory business unit, its CEO said Wednesday. In a rare conference call appearance, SK hynix CEO Lee Seok-hee explained the company’s 10.3 trillion-won [...]