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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  SK hynix, Inc.    A000660   KR7000660001

SK HYNIX, INC.

(A000660)
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SK Hynix : to buy part of Intel's business for about $9 billion

10/19/2020 | 08:14pm EST

SEOUL (Reuters) - SK Hynix said on Tuesday it will buy Intel's solid state drive (SSD) business, NAND memory chip product and wafer business, as well as its production facility in Dalian, China for about $9 billion in an all-cash deal.

SK Hynix, the world's second-largest memory chip maker, said $7 billion is likely to be paid by the first closing date expected in late 2021, while another $2 billion by the second closing date expected in March 2025.

($1 = 1,139.7800 won)

(Reporting by Joyce Lee; Editing by Himani Sarkar)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
INTEL CORPORATION 2.50% 49.56 Delayed Quote.-19.21%
SK HYNIX, INC. -1.32% 97500 End-of-day quote.3.61%
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Financials
Sales 2020 31 542 B 28,6 B 28,6 B
Net income 2020 3 686 B 3,34 B 3,34 B
Net Debt 2020 5 656 B 5,13 B 5,13 B
P/E ratio 2020 19,5x
Yield 2020 1,17%
Capitalization 74 556 B 67 296 M 67 622 M
EV / Sales 2020 2 364x
EV / Sales 2021 2 032x
Nbr of Employees 33 190
Free-Float 73,9%
Chart SK HYNIX, INC.
Duration : Period :
SK hynix, Inc. Technical Analysis Chart | A000660 | KR7000660001 | MarketScreener
Technical analysis trends SK HYNIX, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Average target price 119 426,47 KRW
Last Close Price 100 500,00 KRW
Spread / Highest target 59,2%
Spread / Average Target 18,8%
Spread / Lowest Target -7,96%
EPS Revisions
Managers
NameTitle
Seok-Hee Lee President, Chief Executive Officer & Director
Tae-Won Chey Chairman-Executive Board
Kwon Hong Managing Director & Head-Finance
Sang-Seon Lee Senior MD & Head-Production and Technology
Tae-Hoon Kim Managing Director & Head-Technology
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