Doubling production! SK Hynix accelerated its expansion after the acquisition of Intel's flash memory business

With the completion of SK Hynix's acquisition of Intel's flash memory business, expanding production capacity will become the first priority.

Recently, according to the Nikkei Asian Review, SK Hynix expects that the $9 billion transaction will help it absorb Intel's computing architecture skills in solid-state drives or SSDs, which is a key part of NAND's business. It is understood that SK Hynix completed the acquisition of Intel's SSD division and its manufacturing facility in Dalian, China, in December last year and renamed it Solidigm.

In addition, SK Hynix also said that after the company completes the first phase of the acquisition of Intel's NAND business, it expects to double shipments of NAND.

In addition, for the chip shortage, SK Hynix said that the global chip supply shortage will continue in the first half of this year, but it is expected that the situation will gradually improve in the second half of the year.

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