Tuesday, June 20, 2017

SK Hynix's Consortium as Preferred Bidder for Toshiba chip business

SEOUL, June 21 (Korea Bizwire) - A global consortium including South Korea's SK hyinx Inc. was tapped as the preferred bidder for the sale of the memory arm of Japanese tech giant Toshiba Corp., industry sources said Wednesday. Toshiba earlier put its stake in its memory operations up for sale as it struggles with losses from its nuclear power business in the United States. The consortium, also including Japanese players and U.S. Bain Capital, [...]The post Toshiba Taps SK Hynix's Consortium as Preferred Bi...

Source: The Korea Bizwire LINK

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