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South Korea's SK Hynix Inc said it has not approached Japan's SoftBank Group to partner up in a possible deal with memory chipmaker Kioxia Holdings 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, without commenting on its stance on the merger.
South Korea's SK Hynix Inc , the world's second-largest memory chip maker, said on Wednesday it has not approached Japan's SoftBank Group for a partnership concerning a possible deal with memory...
SEOUL (Reuters) -South Korea's SK Hynix Inc, the world's second-largest memory chip maker, said on Wednesday it has not approached Japan's SoftBank Group to partner up in a possible deal with memory chipmaker Kioxia Holdings Corp. A Nikkei report earlier on Wednesday said SK Hynix is reluctant to back a merger between U.S. rival Western Digital's memory chip operations and Kioxia, in which SK Hynix holds a stake. The report went on to say that SK Hynix had sounded out SoftBank for a partnership
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