Samsung, SK hynix shun takeovers for chip biz
Oct 6, 2015
Samsung Electronics Co. and SK hynix Inc., two major South Korean memory chip makers, have clinched no overseas takeover deals for the semiconductor business this year, industry data showed Tuesday, in contract to their global peers who've been strongly engaged in the merger and acquisition activities. Samsung Electronics has made no takeover deals for its memory chip business since it acquired Proximal Data, a U.S.-based server solid state drive caching software company, in October last year.