Intel sells NAND flash memory business to SK Hynix for $9B

Intel Corp. late today announced a dea to sell its NAND flash memory business to South Korean firm SK Hynix Inc. for about $9 billion. The sale also includes Intel’s Solid State Drive business and its NAND flash factory in Dalian, China, but not the 3D Xpoint-based Intel Optane memory modules that make up the …

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