# SK hynix considers joint venture with Seagate for NAND flash chips

SK hynix announced it is considering various options, including a joint venture with Seagate Technology, to strengthen the competitiveness of its NAND flash chip business. No decision has been made yet.

- Type: Partnership
- Announced: 2016-12-14
- Status: rumored
- Products: NAND flash chips, solid-state drives
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md)
- [Seagate Technology](https://endata.com/companies/20723.md) (partner)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20161214009900315), 2016-12-14: "We are looking into various options, including setting up a joint venture with Seagate Technology PLC, to strengthen the mid and long-term competitiveness of our nonvolatile storage (NAND) flash chips."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.