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Domestic anti-monopoly agencies released Intel's 60 billion yuan business to sell successfully!

via:快科技     time:2021/12/22 18:01:50     readed:279

Last year, SK Hynix announced the acquisition of Intel flash memory business for $9 billion (about 60 billion yuan at the time), which has been approved by the United States, the European Union, South Korea and other regions in the past year, and now the Anti-Monopoly Bureau of the State Administration of Market Regulation has also made a decision to approve the acquisition after the two sides made 6 major commitments, so that the world's major NAND flash memory original factories have been reduced to 5.

According to the official notification, the State Administration for Market Regulation received an antitrust declaration for the concentration of undertakings in the case of SK Hynix Co., Ltd. (hereinafter referred to as SK Hynix) to acquire part of Intel Corporation's business (hereinafter referred to as the target business) (hereinafter referred to as the case).After review, the State Administration for Market Regulation decided to attach restrictive conditions to approve the concentration of undertakings.

During the review process,The transaction parties have made 6 major commitments, including product price, supply restrictions and no restriction on competition, etc., for a period of 5 years, and the restrictive conditions are 5 years after the effective date, and the entity after the concentration can apply to the State Administration for Market Regulation to lift the conditions.

Previously reported, in October 2020, SK Hynix announced a $9 billion acquisition of Intel's NAND flash memory business.

According to the acquisition plan, once the license is approved, the delivery will be divided into two phases, and SK Hynix will pay the first phase of $7 billion to acquire the NAND SSD business (including NAND SSD-related intellectual property and employees) and the Dalian factory from Intel.

The second phase is expected to take place in March 2025, and SK Hynix will pay more than $2 billion to acquire the remaining related assets from Intel, including intellectual property related to the production and design of NAND flash wafers, R&D personnel, and employees at the Dalian plant.

However, although Intel has withdrawn from the NAND flash memory market, it will not completely abandon the memory chip business, and their Optane business will continue to develop, although it also parted ways with Micron, but Intel plans to build its own Optane chip factory, which is expected to obtain more production capacity to reduce costs and promote the growth of Optane's share.


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