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Драйверы для ATI Radeon HD 5450
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AMD Radeon HD 5450 drivers for Windows 10 x64
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SK Hynix CEO calls Intel flash memory acquisition profitable in the long term
27.10.2021 [09:44],
Alexey Razin

The deal between SK Hynix and Intel for the sale of the latter’s memory-related assets will take place in two stages. The first will be completed next year, the second in March 2025. First, the buyer will pay $ 7 billion, and at the second stage will pay the remaining $ 2 billion. SK Hynix CEO objected to skeptics who think the deal is too high.

Image source: Pulse

Lee Seok-hee, head of SK Hynix, told Pulse about this. According to him, the value of the acquired assets should be considered in the long term, and this transaction will help the company to take the second place in the world ranking of manufacturers of solid-state memory. She also highlights South Korea’s status as a leading supplier of memory chips.

Critics point out that Intel’s Chinese enterprise in Dalian is not worth the money the seller asks for it, since it does not use the most advanced technologies and the constantly expensive labor of local residents. Finally, in light of the aggravated contradictions between the PRC and the United States, a Chinese asset is to a certain extent a risky acquisition.

SK Hynix management brushes aside such doubts, calling the deal with Intel fair. At the quarterly reporting conference, Intel representatives explained that the deal will be carried out in two stages due to the specifics of the contract between the processor giant and another memory manufacturer – the American company Micron Technology. Intel will retain management of the enterprise in China until March 2025, where it will manufacture memory for new business owners.

The main value for SK Hynix, according to the head of the Korean company, is Intel’s competence in the field of memory development, especially in the segment of corporate storage systems. SK Hynix officials said that SK Group management helped to advance the negotiations on the deal.

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