Most Popular
-
1
Night of chaos: Inside Yoon’s Cabinet in hours before declaration
-
2
Seoul vows to restore market credibility amid political turmoil
-
3
Will Yoon be caught up in yet another scandal?
-
4
Martial law, treason, insurrection: When news suddenly felt like foreign language
-
5
Hyundai Motor keeping tabs on Honda-Nissan merger
![[Graphic News] Idiom of the year](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/12/18/20241218050085_0.gif&u=)
![[Today’s K-pop] BTS’ Jimin logs 1.2b streams on Spotify in record time](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/12/18/20241218050071_0.jpg&u=)
Toshiba informs SK hynix of new plan to sell stake in memory chip business
By 김윤미Published : March 6, 2017 - 19:40
Japan's Toshiba Corp. has informed SK hynix Inc. of its new plan to sell stakes in its memory chip business, the South Korean company said Monday.
SK hynix submitted a non-binding bid last month to acquire a stake in Toshiba's chip business.
In a regulatory filing, SK hynix said it will make an announcement when it decides to make a final bid.
In January, Toshiba said it would sell a roughly 20 percent stake in its memory operations as it struggles with multibillion dollar write-downs from its nuclear power business in the United States.
Toshiba is the world's second-largest maker of NAND flash memory chips, mainly used in smartphones and other mobile devices.
SK hynix has moved to bolster its NAND flash memory business. (Yonhap)
![[Today’s K-pop] Le Sserafim tops 100m views with ‘Crazy’ music video](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/12/19/20241219050078_0.jpg&u=)