June 21, 2017 / 3:25 AM / 2 months ago

SK Hynix says it is part of consortium picked to buy Toshiba chip business

SEOUL, June 21 (Reuters) - South Korea's SK Hynix Inc on Wednesday said it was part of a Japan-led consortium picked as the preferred bidder for Toshiba Corp's memory business.

A SK Hynix spokesman said the firm took part in the consortium to seek new business opportunities, but declined to give further details.

Earlier on Wednesday, Toshiba said its board had chosen a Japanese government-led consortium as the preferred bidder for the conglomerate's prized flash memory chip business. (Reporting by Se Young Lee, Writing byJoyce Lee; Editing by Himani Sarkar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below