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- Dec 30, 202190% CONFIDENCEfrom the source
SK hynix Closes First Phase of Its US$7 Billion Intel NAND Deal, Creating Solidigm
- SK hynix said it had completed the first phase of its transaction to acquire Intel's NAND and SSD business, taking over Intel's SSD business and the Dalian NAND flash plant in China[1]
- Closing followed merger clearance from China's State Administration for Market Regulation on 22 December 2021; SK hynix paid US$7 billion for this phase[1]
- In the second phase, expected in or after March 2025, SK hynix would acquire the remaining NAND assets including wafer IP, R&D staff and the Dalian workforce for a further US$2 billion[1]
- The new US subsidiary running the SSD business was named Solidigm, headquartered in San Jose, California, with SK hynix co-CEO Lee Seok-hee as executive chairman[1]
- In its April 2026 results SK hynix still cited synergies with Solidigm in high-capacity QLC enterprise SSDs as a strength for AI data centre storage[3]
References 584% CONFIDENCEOverall confidence: 84%How well the pin's source and references back up its dates.Weighted average of how firmly 5 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%news.solidigm.com/en-WW/212943-sk-hynix-completes-the-first-phase-of-intel-nand-and-ssd-business-acquisitionnews.solidigm.com· Posted Oct 4, 2026· Starts Dec 30, 2021 ✓· 39% of score
The release is dated December 30, 2021 (Seoul); Solidigm's newsroom stamps it 29 December 2021 02:40 PST, the same moment, and Telecompaper[4]/Design&Reuse report the close.
- [2]82%Intel Sells SSD Business and Dalian Facility to SK hynix - Intel Corporationintc.com· Added Oct 4, 2026· 39% of score
Intel's own release on the sale (date not read).[1]
- [3]78%SK hynix Announces 1Q26 Financial Resultsnews.skhynix.com· Published Apr 23, 2026· 21% of score
Later mention of Solidigm[1] synergies in QLC eSSDs.
- [4]80%SK hynix buys Intel NAND, SSD business for USD 7 bln, starts subsidiary Solidigm - Telecompapertelecompaper.com· Published Dec 30, 2021· 0% of score
Trade-press report of the close and the Solidigm[1] launch.
- [5]75%SK hynix completes the First Phase of Intel NAND and SSD Business Acquisition - Design&Reusedesign-reuse.com· Published Dec 30, 2021· 0% of score
Copy of the SK hynix[3] release.
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