Not long ago, Intel suddenly announced that it would sell its NAND flash memory business to sk Hynix at a price of $9 billion (about 60 billion). The latter may grow into the second largest flash memory company in the world, after Samsung, surpassing Toshiba and Western Digital. In the deal, SK Hynix will acquire Intel’s SSD, NAND components and wafers, as well as Intel’s flash memory plant in Dalian, China. < p > < p > in this deal, the Fab 68 factory in Dalian, China, is particularly eye-catching. The factory was first established in 2007 and officially put into production in 2010, mainly for chip packaging and testing business. However, in 2015, Intel announced that it would spend up to $5.5 billion to upgrade its flash memory factory. < / P > < p > in 2016, Dalian factory officially switched to flash memory chips. In 2018, it successfully produced Intel’s most advanced 96 layer stack 3D flash memory, which became Intel’s only exclusive source of flash chips in addition to imft, which is of great significance to Intel. After SK Hynix acquired the flash wafer factory in Dalian, China, many critics thought that the price of US $9 billion was too expensive, and the deal was lost. Moreover, the flash memory technology of China’s factories was not the most advanced, and the labor costs were also rising. What’s more, there were also competition factors between China and the United States. However, SK Hynix doesn’t think so. Executives of SK Hynix deny that the transaction price is too high, saying that Intel’s technology and R & D team is the most critical, not the factory in China. < / P > < p > in the flash memory market, there have been two acquisitions before. In 2015, Western Digital spent $19 billion on the acquisition of Shandi company. In 2017, Toshiba sold the flash business at a price of $18 billion, but the equity was still 40%. The transaction value was much higher than before. After all, 2017 was still the day when flash memory prices rose sharply. Global Tech

By ibmwl