{"id":799120,"date":"2021-10-29T10:59:19","date_gmt":"2021-10-29T10:59:19","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/10\/29\/sk-hynix-to-acquire-s-korea-based-chip-contract-manufacturer-for-492-million\/"},"modified":"2021-10-29T10:59:19","modified_gmt":"2021-10-29T10:59:19","slug":"sk-hynix-to-acquire-s-korea-based-chip-contract-manufacturer-for-492-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/10\/29\/sk-hynix-to-acquire-s-korea-based-chip-contract-manufacturer-for-492-million\/","title":{"rendered":"SK Hynix to acquire S.Korea-based chip contract manufacturer for $492 million"},"content":{"rendered":"<p>SK Hynix Inc, the world&#8217;s second-largest memory chip maker, said on Friday it will acquire South Korea-based Key Foundry, a chip contract manufacturer, for 576 billion won ($492.41 million).<\/p>\n<p>The 8-inch wafer foundry manufactures chips such as power management, display driver and microcontroller unit semiconductors, SK Hynix said in a statement.<\/p>\n<p>SK Hynix had been in talks to acquire Key Foundry, in which it had a minority stake earlier, since the first half of this year, South Korean media previously reported.<\/p>\n<p>SK Hynix said the acquisition is expected to double its current 8-inch foundry capacity. It already has a chip contract manufacturing unit, SK Hynix System IC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SK Hynix Inc, the world&#8217;s second-largest memory chip maker, said on Friday it will acquire South Korea-based Key Foundry, a chip contract manufacturer, for 576 billion won ($492.41 million). The 8-inch wafer foundry manufactures chips such as power management, display driver and microcontroller unit semiconductors, SK Hynix said in a statement. SK Hynix had been in talks to acquire Key Foundry, in which it had a minority stake earlier, since the first half of this year, South Korean media previously reported. SK Hynix said the acquisition is expected to double its current 8-inch foundry capacity. It already has a chip [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-799120","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=799120"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799120\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=799120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=799120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=799120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}