Friday, March 23, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Low-Cost iPad For Classrooms Coming Next Week
Google Says Publishers are Responsible for Getting Users' Consent to Comply With New EU Privacy Law
Samsung Electronics Shareholders Approve Stock Split, Company Talks About Future for Smartphones, Chips
Streaming Services Keep Driving Music Business
Huawei Could Release 512GB and Blockchain-Ready Smartphone
Sony Announces Pricing and Availability for A8F BRAVIA OLED TVs and 85" Class X900F and X850F Series 4K HDR TVs
New Samsung Exynos 7 Series 9610 Mobile Processor focuses on Multimedia
Google to Develop Its Own Blockchain-Related Technology
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > SK Hyni...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 26, 2015
SK Hynix Rejects Chinese Take-over Offer

Following Micron, Korean memory chip maker SK Hynix has reportedly rejected an investment offer from China's state-backed Tsinghua Unigroup.

Barron Asia reports that Tsinghua Unigroup offered to buy 20 percent of SK Hynix for about $5.3 billion on condition that the company built a wafer fab in China to make NAND flash memory. SK Hynix has rejected the affer adding that it was not for sale, according to the report.

In July of this year Tsinghua Unigroup made an informal bid of $23 billion to acquire Micron Technology, which was rejected by the management of the company.

Earlier this month the state-controlled conglomerate was revealed to be planning to invest about S12.5 billion in a memory chip factory through Tongfang Guoxin Electronics Co. Ltd., a manufacturer of piezoelectric quartz crystal components. TongFang said it will raise 80 billion yuan mainly provided by Tsinghua Unigroup affiliated companies in a stock exchange regulatory filing, the reports said.

Through Tsinghua, China is trying to build up its position in semiconductors. The stated aim is to become the world's third largest manufacturer of chips, following behind Taiwan and South Korea.

Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide        All News        New Huawei Mate 8 Smartphone Launched With Kirin 950 Inside
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide     General Computing News      HP Profit Lower Than Expected

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Eyes China Partnerships As Flash Memory Pact With Micron Ends
Tsinghua Unigroup May License 3D NAND flash Technology From Intel
Tsinghua to Invest in China-based Lite-On Storage Plant
China's Tsinghua Unigroup Eyes Part Of DRAM Market
SK Hynix Offers More Than $9 billion for Toshiba Chip Unit: report
China's Top Chipmaker Tsinghua Unigroup Secures $22 Billion Investments
SK Hynix Launches First 8GB LPDDR4X For Mobile Devices
SK Hynix to Promote Its MDS Technology
SK Hynix To Reduce Investments In Memory Chips
SK Hynix to Proceed With Development Of 10nm DRAM
Chinese Tsinghua Unigroup Aims At Chip Giants With Strong Investment Plan
SK Hynix To Reduce Investments

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .