SK Hynix Reportedly in Talks With Intel on US Memory Chip Production
South Korean chipmaker says no agreements have been finalized amid report of discussions with Intel over domestic manufacturing.
SK Hynix, the South Korean semiconductor manufacturer, is reportedly in discussions with Intel about producing memory chips in the United States, according to a report by TechCrunch.
The report did not specify further details about the scope, timeline, or structure of the potential arrangement between the two companies.
In response to the report, SK Hynix told TechCrunch that the company has not finalized any plans or arrangements related to the matter.
Neither SK Hynix nor Intel has publicly confirmed additional details about the nature of the talks. TechCrunch's report did not cite specific sources for the claim of ongoing discussions.
SK Hynix is one of the world's largest producers of memory chips, including DRAM and NAND flash products, which are used in a wide range of computing and electronic devices. Intel, based in the United States, has been expanding its domestic manufacturing operations in recent years as part of broader efforts within the semiconductor industry to increase chip production within the U.S.
Further details about the potential talks, including whether any formal agreement will be reached, were not immediately available.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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