FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo
BRUSSELS (Reuters) - EU antitrust enforcers will decide by May 20 whether to clear South Korean chipmaker SK Hynix Inc's $9 billion buy of Intel Corp's NAND memory chip business, according to a European Commission filing.
The U.S. chip giant announced the sale last October, part of a move to divest non-core businesses to focus on its smaller but more lucrative Optane memory business which uses more advanced technology.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
