Intel Agrees to Sell Storage Unit to SK Hynix for $9 Billion - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 20 October 2020

Intel Agrees to Sell Storage Unit to SK Hynix for $9 Billion



Oct.19 -- Intel Corp. has agreed to sell its Nand memory unit to South Korea’s SK Hynix Inc. for $9 billion as part of a broader effort by the U.S. chip maker to concentrate on its core business. Bloomberg’s Sohee Kim reports on “Bloomberg Markets: China Open.”
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