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SK Hynix is among the top three global memory or storage semiconductor companies
RAM & MRAM Group Chairman Sailesh Lachu Hiranandani told PTI that his group will hold majority stake in the joint venture and the application to seek the Centre's approval for the project will be submitted within a week.
SRAM & MRAM Group: "We are only the investing partner. We are already in negotiations with SK Hynix from Korea. They are going to be our partner in India. Technical partner has to have all the IPs (Intellectual Properties). Our role is very much defined," Hiranandani said.