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SK hynix to acquire chip manufacturer Key Foundry for KRW 576 billion

Monday 1 November 2021 | 08:46 CET | News
South Korean chipmaker SK hynix gas announced it has signed a deal to acquire local chip manufacturer Key Foundry for KRW 575.68 billion (approximately USD 492 million), Yonhap news agency reports. SK hynix says the acquisition of Key Foundry, the 8-inch wafer foundry manufacturer, from Magnus will help double the company's chip contract manufacturing capacity.

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Categories: IT / Mobile & Wireless
Companies: SK Hynix
Countries: Korea, Republic of
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