Key Foundry Archives | Be Korea-savvy

SK hynix Completes 576 bln-won Acquisition of Chip Contract Firm Key Foundry

SEOUL, Aug. 2 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Tuesday it has wrapped up a 576 billion-won (US$492 million) acquisition of local chip contract manufacturer Key Foundry. The company said it has recently completed the official acquisition process of the 8-inch wafer foundry manufacturer from Magnus Investment Partners LLC, a [...]

SK hynix to Buy Local Foundry Firm for 576 bln Won

SEOUL, Oct. 29 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, said Friday it signed a deal to buy a local chip contract manufacturer for 575.68 billion won (US$492 million), as part of efforts to enhance its presence in the non-memory sector. SK hynix said the acquisition of Key Foundry, the 8-inch wafer [...]