June 20, 2020

1279 words 7 mins read

Intel Selling NAND Memory Business to SK Hynix

Intel Selling NAND Memory Business to SK Hynix

Though Intel is likely best known for its CPUs, the company has a presence in many other technologies sectors, such as wired and wireless networking and solid state memory, including NAND and Optane. Today it was announced the company has signed an agreement with SK Hynix that will see it transfer the NAND business to the South Korean memory manufacturer for what will total $9 billion. This transf

er will include the NAND SSD business, NAND component and wafer business, and the Dalian NAND memory manufacturing facility in China, but will happen in two parts, with the first likely at the end of 2021 and the second expected in March 2025. This agreement only covers NAND, so Intel will keep its Optane business, a next-generation memory technology the company feels differentiates its products. The companies expect the various government approvals for this transaction to be obtained in late 2021. It is at this point that SK Hynix will take over the NAND SSD business and Dalian facility from Intel, and transfer the first payment of $7 billion. The remaining assets, including the intellectual property concerning the manufacture and design of NAND flash wafers, RD employees, and the Dalian workforce, will be transferred at the final closing, which is expected to be in March 2025, and at this time SK Hynix will pay the remaining $2 billion. Until the final closing, Intel will continue to produce NAND wafers at the Dalian facility, though it will have been acquired by SK Hynix, and keep all of the related IP related to the process as well. This also means Intel will continue on its roadmap and fulfilling its customer commitments. The hope for this deal is to strengthen SK Hynixs competitiveness in storage solutions, including in enterprise SSDs. While Intel is a leader in NAND SSD technology, including quad-level cell, QLC, flash products, SK Hynix has developed technologies such as the first Charge Trap Flash-based, 96-layer 4D NAND flash in 2018, and then last year produced 128-layer 4D NAND flash. By combining the technologies and solutions, SK Hynix hopes to create a higher value-added 3D NAND solution portfolio for its variety of customers, including enterprise customers. Intel intends to invest the proceeds of the transaction into its long-term growth priorities, such as AI, 5G networking, and intelligent, autonomous edge computing. For reference, in the first six months of the year, Intels NAND businesses produced about $2.8 billion of revenue for the companys Non-volatile Memory Solutions Group, and contributed about $600 million to that groups operating income. Source: Intel and SK Hynix

Date: 2020-10-20

URL: https://www.overclockersclub.com/news/43037/


Various Video Game Stories from the Week of October 12, 2020 (2020-10-16) Another week of news to cover starting with something time sensitive from GOG as it has a special promotion going on with Visa currently If a Visa card user spends $25 or more on GOG with the details saved for future purchases and they register for this promotion they can receive a copy of Children of Morta free The catch is there are only 53000 of the game codes to give out so if you want to take..
Various Video Game Stories from the Week of September 28, 2020 (2020-10-02) Another week and another collection of news to cover starting with some from GOG including its 12th Anniversary Sale The DRM-free digital storefront has been around 12 years now initially giving people a place to purchase older games but is now another place to find various indie and even some AAA titles besides those of CD Projekt Red which owns the site To celebrate the anniversary the store is ..
Various Video Game Stories from the Week of September 21, 2020 (2020-09-25) This has been a busy week and while the announcement of Microsofts deal to acquire Bethesda owner Zenimax is certainly the largest gaming news story there have been other announcements this week as well First up we have a new trailer for DiRT 5 showing off the games dynamic weather system as a sandstorm engulfs the Moroccan circuit during the race You can see the storm approaching and then force t..
Various Video Game Stories from the Week of November 9, 2020 (2020-11-13) Another week is coming to its close which means I have some news to go over First up is some from GOG as the DRM-free store as Teleglitch: Die More Edition has joined its catalogue and to celebrate it is free until November 15 The game is a roguelike top-down shooter featuring pixel graphics and procedurally generated maps to keep the experience fresh and with the Die More Edition there are five b..
AMD Officially Announces Radeon RX 6000 Series, First GPUs Coming November 18 (2020-10-28) Earlier this month AMD held an event to reveal the upcoming Ryzen 5000 series CPUs based on the Zen 3 architecture To close the event was a teaser of an upcoming Radeon RX 6000 series GPU and today with the Where Gaming Begins event the series has finally been revealed To start the event a number of upcoming games were shown off and later it was confirmed these games including DiRT 5 Far Cry 6 and..
Cisco to Pay $1.9 Billion and Royalties Following Patent Lawsuit (2020-10-06) Cisco a company well known for its network switches has been ordered by a Virginia court to pay approximately $19 billion to Centripetal Networks the result of a patent infringement lawsuit filed by the later Centripetal Networks had developed a network protection system with the work partly funded by the US government and patented parts of it that dealt with speed and scalability issues as well a..
Various Video Game Stories from the Week of November 2, 2020 (2020-11-06) Compared to others this week has actually been somewhat light on video game news but there is still some worth covering starting with an announcement from Modus Games Override 2: Super Mech League has received its release date of December 22 for all platforms so whether you prefer PC Xbox One PlayStation 4 Nintendo Switch or have the new Xbox Series X/S or PlayStation 5 that is the day you can tak..
Various Video Game Stories from the Week of November 23, 2020 (2020-11-27) Another week which means another collection of video game news but as today is also Black Friday that means there are a lot of sales to check out Epic Games Store GOG Humble Store Origin Stardock Steam and EKWB if you want some custom liquid cooling components are all holding sales That also means you might expect some websites and clients to have issues loading for a bit The Epic Games Store clie..
Next@Acer 2020 Press Conference Reveals Many New Products (2020-10-21) Today Acer held its next@Acer 2020 press conference where it showed off a variety of new products across its different brands and revealed products from its new partnership with Porsche Design The first products of this partnership is the Porsche Design Acer Book RS laptop with a compact all-metal chassis containing an 11th Gen Intel Core i7 CPU paired with an NVIDIA GeForce MX350 GPU and 16 GB of.. Next@Acer 2020 Press Conference Reveals Many New Products
Various Video Game Stories from the Week of October 19, 2020 (2020-10-23) Another week and another batch of video games news stories to cover with some time-limited sales to start things off Going by alphabetical order means starting with the Epic Games Store as it has begun its Halloween Sale 2020 and has a pretty decent select of games Keeping to the terrifying titles you can find the Metro Redux titles Metro Exodus Alan Wake and Killing Floor 2 If you are not looking..