Intel Sells SSD Business to SK hynix as new Subsidiary Solidigm
 

In a brief news release from Intel this afternoon, the chip firm has announced that it has closed on the first stage of its deal to sell its SSD business to SK hynix. As of today, SK hynix has now formally acquired the bulk of Intel’s NAND and SSD businesses, as well as the company’s NAND fab in Dalian, China. Intel will continue to hold a small stake until 2025, and in the meantime Intel’s former SSD assets have been spun-off into a new SK hynix subsidiary, Solidigm.

https://www.anandtech.com/show/17134...diary-solidigm