Home Politics SK Hynix Is Said to Mull Options for $3 Billion Chongqing Assets
Politics

SK Hynix Is Said to Mull Options for $3 Billion Chongqing Assets

Key Points

SK Hynix Is Said to Mull Options for $3 Billion Chongqing Assets South Korea’s SK Hynix Inc. is considering options for its Chongqing, China-based facility, including bringing in an investor to help accelerate growth, according to people with knowledge of the matter. The company, a key supplier of high‑bandwidth memory chips to Nvidia Corp., is speaking with prospective advisers to help review the business, the people said, asking not to be identified discussing private information. A...

SK Hynix Is Said to Mull Options for $3 Billion Chongqing Assets South Korea’s SK Hynix Inc. is considering options for its Chongqing, China-based facility, including bringing in an investor to help accelerate growth, according to people with knowledge of the matter. The company, a key supplier of high‑bandwidth memory chips to Nvidia Corp., is speaking with prospective advisers to help review the business, the people said, asking not to be identified discussing private information. A potential stake sale may value the facility at about $3 billion, the people said.
SK Hynix (PERSON) Mull Options (ORG) Chongqing (LOCATION) Hynix (PERSON) South Korea’s (LOCATION) SK Hynix Inc. (ORG) China (LOCATION) Nvidia Corp. (ORG)
Originally published by Bloomberg Technology Read original →