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2021-05-24
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SK Hynix Wins Europe’s Approval for $9 Billion Intel Unit Deal
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Hynix had earlier secured a greenlight from U.S. regulators and awaits approval from the U.K. and China. Icheon, South Korea-based Hynix, which announced the dealin October, is trying to win approval from the remaining countries this year.</p>\n<p>The clearance comes as the Biden administration is reviewing semiconductor supply chains in the wake of a global chip shortage. If Hynix succeeds in getting signoffs from the remaining governments, it will cement its position as the largest Nand producer after Samsung Electronics Co. Meanwhile, Intel gains funds to invest in its faster-growing logic businesses.</p>\n<p>Hynix will pay $7 billion in the deal’s first phase and the rest by March 2025. It is set to take over Intel’s facility in Dalian, China, by the end of 2021, boosting its market share of flash memory components used in computers and other devices to more than 20%. As of the fourth quarter of 2020, Hynix’s Nand market share was 11.6%, while Intel’s was 8.6%. Samsung dominates with 32.9% of the market, according to research firm TrendForce.</p>\n<p>Hynix plans to more than triple its flash-memory revenue over five years through the acquisition, Chief Executive Officer Lee Seok-hee said in November.</p>\n<p>“The proposed acquisition will help SK Hynix expand its global footprint, adding complementary memory technology,” the company said in a statement. “SK Hynix expects to enhance its expertise through the acquisition.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SK Hynix Wins Europe’s Approval for $9 Billion Intel Unit Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSK Hynix Wins Europe’s Approval for $9 Billion Intel Unit Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 21:10 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-05-21/sk-hynix-wins-europe-s-approval-for-9-billion-intel-unit-deal?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>European regulators cleared SK Hynix Inc.’s $9 billion acquisition of Intel Corp.’s Nand storage unit, taking another step toward sealing a deal to strengthen the Asian chipmaker’s position in the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-21/sk-hynix-wins-europe-s-approval-for-9-billion-intel-unit-deal?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-21/sk-hynix-wins-europe-s-approval-for-9-billion-intel-unit-deal?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474696","content_text":"European regulators cleared SK Hynix Inc.’s $9 billion acquisition of Intel Corp.’s Nand storage unit, taking another step toward sealing a deal to strengthen the Asian chipmaker’s position in the booming memory market.\nThe European Commission has granted approval for the acquisition, the regulator said in a statement Friday. Hynix had earlier secured a greenlight from U.S. regulators and awaits approval from the U.K. and China. Icheon, South Korea-based Hynix, which announced the dealin October, is trying to win approval from the remaining countries this year.\nThe clearance comes as the Biden administration is reviewing semiconductor supply chains in the wake of a global chip shortage. If Hynix succeeds in getting signoffs from the remaining governments, it will cement its position as the largest Nand producer after Samsung Electronics Co. Meanwhile, Intel gains funds to invest in its faster-growing logic businesses.\nHynix will pay $7 billion in the deal’s first phase and the rest by March 2025. It is set to take over Intel’s facility in Dalian, China, by the end of 2021, boosting its market share of flash memory components used in computers and other devices to more than 20%. As of the fourth quarter of 2020, Hynix’s Nand market share was 11.6%, while Intel’s was 8.6%. Samsung dominates with 32.9% of the market, according to research firm TrendForce.\nHynix plans to more than triple its flash-memory revenue over five years through the acquisition, Chief Executive Officer Lee Seok-hee said in November.\n“The proposed acquisition will help SK Hynix expand its global footprint, adding complementary memory technology,” the company said in a statement. “SK Hynix expects to enhance its expertise through the acquisition.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/133455093"}
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