# Cypress and SK hynix System IC form NAND joint venture

Cypress Semiconductor and SK hynix System IC announced a joint venture in Hong Kong to produce and sell Cypress's SLC NAND products, with SK hynix System IC owning 60% and Cypress 40%, expected to start in Q1 2019.

- Type: Partnership
- Announced: 2018-10-27
- Where: Hong Kong, Hong Kong SAR China
- Status: announced
- Products: SLC NAND products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cypress Semiconductor](https://endata.com/companies/22566.md) (partner)
- [SK Hynix System IC](https://endata.com/companies/24507.md) (partner)

## Sources

- [m.chinaflashmarket.com](https://m.chinaflashmarket.com/news/industry/163809), 2018-11-02: "赛普拉斯半导体公司（Cypress）宣布，将与SK海力士System IC在香港成立合资公司。"

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