SK hynix, US fund team up for Toshiba
Apr 19, 2017
SK hynix is expected to partner with US private equity fund Bain Capital in its quest to win over the NAND flash chip unit of Japan’s Toshiba against the Apple and Foxconn joint effort, according to sources Wednesday. The South Korean chipmaker, second in the global DRAM market and fifth in the NAND market, has formed a consortium with Bain Capital, which has about $75 billion under management and has been engaged in aggressive investments in Japan, industrial sources said.(Yonhap)There had been