SK HYNIX WILL NOT RETRIEVE ITS INVESTMENT IN KIOXIA HOLDINGS

Highlights –

• SK hynix will not retrieve its investment in Kioxia Holdings.
• SK hynix had joined a global consortium to invest in Kioxia in 2017.
• The consortium was led by U.S. private equity firm Bain Capital.
• Samsung, General Motors, GlobalFoundries, and Intel have been invited by the White House for a meeting.

South Korea's No. 2 chipmaker, SK hyni....