Monday, October 19, 2020

Intel agrees to sell its NAND memory unit to SK Hynix for about $9B; the acquisition includes Intel's solid-state drive, NAND flash, and wafer businesses (Bloomberg)

Bloomberg:
Intel agrees to sell its NAND memory unit to SK Hynix for about $9B; the acquisition includes Intel's solid-state drive, NAND flash, and wafer businesses  —  - U.S. chipmaker has fallen behind in a chip manufacturing race  —  Intel Corp. agreed to sell its Nand memory unit …



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EU finance ministers agreed to set a €3 customs duty on low-value parcels from July 2026, aiming to crack down on cheap Chinese imports from brands like Shein (Reuters)

Reuters : EU finance ministers agreed to set a €3 customs duty on low-value parcels from July 2026, aiming to crack down on cheap Chinese...