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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 170,600 KRW | -5.12% |
|
-6.42% | +20.57% |
| 10:40am | Nomura Adjusts SK Hynix’s Price Target to KRW250,000 From KRW190,000 Keeps at Buy | MT |
| 09:32am | South Korean Shares Rise on Finance, Tech Boost; SK Hynix Up 4% | MT |
SEOUL (Reuters) - SK Hynix said on Tuesday it will buy Intel's solid state drive (SSD) business, NAND memory chip product and wafer business, as well as its production facility in Dalian, China for about $9 billion in an all-cash deal.
SK Hynix, the world's second-largest memory chip maker, said $7 billion is likely to be paid by the first closing date expected in late 2021, while another $2 billion by the second closing date expected in March 2025.
($1 = 1,139.7800 won)
(Reporting by Joyce Lee; Editing by Himani Sarkar)
| 1st Jan change | Capi. | |
|---|---|---|
| +20.57% | 85.48B | |
| +66.86% | 2,034B | |
| +29.17% | 609B | |
| +15.96% | 600B | |
| +4.31% | 248B | |
| +12.91% | 182B | |
| +2.81% | 160B | |
| -30.13% | 149B | |
| +30.75% | 124B | |
| +30.32% | 101B |
SK HYNIX INC. 
