SK hynix acquires Key Foundry for 575.8 billion won

SK hynix signed a deal to acquire a 100% stake in foundry firm Key Foundry for 575.8 billion won ($492.55 million), announced on 29 October 2021. Key Foundry, based in Cheongju, South Korea, produces non-memory chips using 8-inch wafers.

“The acquisition of Key Foundry is expected to contribute to doubling SK hynix's foundry capacity.”koreaherald.com

• 1 source
• koreaherald.comSK hynix acquires Key Foundry for W575.8bn - The Korea HeraldSong Su-hyunOct 29, 2021

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