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Cypress Semiconductor Corporation entered into a joint venture agreement with SK hynix system ic Inc. to develop, manufacture, sell and distribute NAND products using Large Scale NAND Wafers supplied by SK hynix. The joint venture has an initial term of five years.
“The principal purpose of the joint venture will be the development, manufacture, sale and distribution of NAND products and other related products and services using Large Scale NAND Wafers supplied by SKH.”sec.gov
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