Welcome to the world of facts and news: Intel to Sell NAND Flash Memory Business to SK Hynix for $9 Billion

Intel to Sell NAND Flash Memory Business to SK Hynix for $9 Billion

The world's second-largest chipmaker, South Korea's SK Hynix, on Tuesday announced a $9 billion (roughly Rs. 66,000 crores) deal to buy Intel's flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics.

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