The transaction marks an intra-group semiconductor investment, with SK Telecom set to acquire shares in an SK Hynix NAND flash solutions company, according to Jin10 citing Odaily.
SK Telecom plans to spend 397 billion won to acquire a stake in an SK Hynix NAND flash solutions company. The reported deal points to a notable investment within the SK group tied to NAND flash memory, a form of non-volatile data storage widely used in consumer electronics and data infrastructure. Jin10 cited Odaily in reporting the transaction.