# Cypress Semiconductor and SK hynix system ic close joint venture SkyHigh Memory

Cypress Semiconductor and SK hynix system ic closed their joint venture transaction, forming SkyHigh Memory Limited based in Hong Kong. SkyHigh Memory will manufacture and supply NAND memory solutions for consumer, networking, industrial, and automotive markets.

- Type: Partnership
- Announced: 2019-04-01
- Where: Hong Kong, Hong Kong SAR China
- Status: completed
- Products: NAND memory, SLC NAND
- 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)
- [SkyHigh Memory Limited](https://endata.com/companies/38859.md) (partner)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/cypress-announces-closing-joint-venture-transaction-sk-hynix-system-ic-2019-04-21), 2019-04-21: "Cypress Semiconductor Corp., today announced that it has closed its joint venture transaction with SK hynix system ic, Inc., which was announced on October 25, 2018."

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