Published: December 23rd, 2021,
Last updated: December 23rd, 2021
Chinese regulators have approved the sale of Intel’s Nand storage unit to South Korea’s NK Hynix. Hynix will also take over the Intel factory in Dalian, China. The acquisition price is the equivalent of nearly €8 billion. Nand memory, also known as flash memory, is, for example, used in servers and smartphones.