South Korea’s SK Hynix Inc. said that it has not approached SoftBank Group Corp. about a possible deal with memory chipmaker Kioxia Holdings Corp.
(Bloomberg) — South Korea’s SK Hynix Inc. said that it has not approached SoftBank Group Corp. about a possible deal with memory chipmaker Kioxia Holdings Corp.
- The Nikkei newspaper reported earlier that Hynix had objected to a possible merger between Kioxia and Western Digital Corp.
- “SK Hynix denies Nikkei’s report that the company approached SoftBank for collaboration with regard to the Kioxia-Western Digital deal,” the company said in a statement.
- Previous report: Western Digital Slides on Report Kioxia Deal Faces Pushback
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