Intel Corp has agreed to sell its NAND memory chip business to SK Hynix Inc for $9 billion in an all-cash deal that would propel the South Korean chipmaker to second in the global rankings. The move …
Intel poised to sell NAND business to South Korea’s SK Hynix for almost $10 billion – sources
The deal would allow Intel to focus on its remaining memory business, Optane, one of the sources said. The person said the deal could be announced as early as Monday in the United States or Tuesday in …
Intel nears deal to sell NAND unit to South Korea’s SK Hynix: source
Intel would sell its solid-state drive business in the United States and its factory in Dalian, China, which produces advanced flash memory, referred to as 3D NAND, the source told Reuters. The …
Asia Today: South Korea tests at hospitals, nursing homes
South Korea on Monday began testing tens of thousands of employees of hospitals and nursing homes to prevent COVID-19 outbreaks at live-in facilities.
Anxiety mounts on S. Korea’s debt management outlook
Despite the government’s repeated reassurance that South Korea’s sovereign debts are under control, concerns continue to mount not only in the private sector but also among state-run think tanks, data …
Korea’s $35 Billion Rescue Fund Sells Debt as Airlines Seek Help
The bonds are guaranteed by the government. Load Error South Korea created the fund in May to prevent companies from collapsing in seven key industries including aviation and shipbuilding that are big …
Kimchi crisis: Typhoon-hit South Korea suffers cabbage shortage
Cabbage prices have surged an eye-watering 60 percent due to extreme weather, hurting makers of the spicy Korean staple.
Asia Today: South Korea testing at hospitals, nursing homes
South Korea is testing tens of thousands of employees of hospitals and nursing homes to prevent COVID-19 outbreaks at live-in facilities …
Tesla Accounts For Majority Of EV Sales In South Korea This Year: Report
Tesla Inc (NASDAQ: TSLA) has registered substantial growth in South Korea this year due to increasing demand for electric vehicles in the country, Yonhap News Agency reported Monday (Seoul time). What …
China Recruits a South Korean Conglomerate to Advise on ESG
South Korean conglomerate SK Group is accelerating efforts to help China develop ESG standards after a years-long push by Beijing to improve social governance disclosures at its companies stalled.