SK hynix and Cypress form NAND joint venture SkyHigh Memory

SK hynix system ic and Cypress Semiconductor formed a joint venture, SkyHigh Memory Limited, with SK hynix owning 60% and Cypress 40%. The deal closed on April 1, 2019, after CFIUS clearance.

“On April 1, 2019, [Cypress Semiconductor] closed the transfer of its NAND business to a newly-formed joint venture between the [Cypress Semiconductor] and SK hynix system ic Inc.”tradepractitioner.com

• 1 source
• tradepractitioner.comCFIUS Clearance: SK hynix and Cypress Semiconductor Corporation | The Trade PractitionerTrade PractitionerNov 10, 2019

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