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Post Info TOPIC: SK Hynix to acquire Intel's NAND memory business to strengthen Samsung's rivalry


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SK Hynix to acquire Intel's NAND memory business to strengthen Samsung's rivalry
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Flash NAND is a memory used for data storage, further data can be deleted and updated. It is mainly found in memory cards, flash drives, SSDs, memory in smartphones and servers.The market share of global Flash NAND memory makers in Q2 2020 are Samsung at 31.4%, Kioxia at 17.2%, WDC at 15.5, SK Hynix at 11.7%. Next, Intel and Micron slotxo have. The same at 11.5%Recently, reuters reported that Intel agreed to sell its Flash NAND business to SK Hynix for $ 9 billion in cash, bringing SK Hynix's market share to 23.2%, shifting the rankings from the fourth-largest flash NAND maker. It was the second largest in the world, according to Samsung, and was second only to Samsung's share of the DRAM market.Intel has decided to sell the non-core and volatile NAND chip manufacturing industry. It also sells the Wafer process (wafer cut-off) and a factory in Dalian, China, leaving the smaller, more profitable Optane memory business. Main business Which previously sold the 5G modem business to AppleIn the second quarter, the Nand Flash industry grew amid the COVID-19 epidemic as more people work and study online from home. Causing the need for more computers And the server was running hard As a result, the demand for Nand Flash memory is increasing as well.But in September, the US Has begun to arrange heavy orders for Huawei, resulting in chipmakers unable to deliver products and lack of revenue. The first company to come out, Kioxia, in late September canceled its IPO funding in order to fund its expansion to compete with the market's number one, Samsung, so it was not unusual for Intel to operate its NAND business.SK Hynix said the deal with Intel would be approved by the government in late 2021 and the deal would close in March 2025.



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