Brocker.Org: SK Hynix submitted bid for a Toshiba memory small business stake: Source

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SeongJoon Cho | Bloomberg | Getty Visuals

An SK Hynix 8GB DDR3L memory chip is organized for a photograph at the company’s place of work in Seoul, South Korea.

South Korea’s SK Hynix has submitted an preliminary bid to get a stake in Toshiba‘s memory chip small business, a individual familiar with the matter informed Reuters on Tuesday.

The individual mentioned it has not been determined how considerably a stake SK Hynix, the world’s No. two memory chip maker, will get in Toshiba’s memory small business as the offer is in early levels.

A SK Hynix spokesman declined to remark, and Toshiba could not be immediately arrived at for remark.

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