South Korea's SK Hynix completes first phase of $9b acquisition of Intel's NAND

South Korea's SK Hynix completes first phase of $9b acquisition of Intel's NAND

Photographer: Tomohiro Ohsumi/Bloomberg

South Korea’s SK Hynix Inc said it had completed the first phase of its acquisition of Intel Corp’s NAND flash memory chip business, after it received regulatory nods from eight countries including China.