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Intel is selling its NAND business to SK Hynix for $9 billion

SK Hynix expects to receive government approvals for the deal by the end of 2021, at which point it will pay the first payment of $7 billion. The remaining $2 billion is expected to be paid when the last of Intel’s NAND memory and storage business assets are handed over...
https://www.techspot.com/news/87196-intel-selling-nand-business-sk-hynix-9-billion.html?utm_source=dlvr.it&utm_medium=blogger

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