Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 05 July 2011 12:13

Ship builder wants to become a chip maker

Written by Nick Farell

hynix


After all they are not very different
The dark satanic rumour mill has manufactured a hell on earth rumour that the shipmaker Hyundai Heavy Industries is about to make a bid for the giant memory chip maker Hynix Semiconductor.

A senior insider from a Hynix creditor said Hyundai Heavy is mulling over submitting a letter of intent (LOI) for the company. Nine creditors are involved in the sale including Korea Finance Corp. (KoFC), Korea Exchange Bank (KEB), Shinhan Bank and Woori Bank with the deadline for presenting an interest by July 8.

According to the local press, HHI has decided to make a sole bid for the chip maker as part of the former’s strategy of regaining the family conglomerate. Hynix was once part of Hyundai Electronics.

Textile-focused Hyosung was apparently interested but dropped its bid for Hynix.


blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments