S Korea’s SK Hynix bids for Toshiba memory business stake

The logo of SK Hynix is seen in its plant in Icheon, about 80 km (50 miles) southeast of Seoul May 13, 2013. REUTERS/Lee Jae-Won

South Korea’s SK Hynix Inc has entered the running for a stake in ToshibaCorp’s memory chip business, seeing an opportunity to gain on rivals in the booming NAND market, a person familiar with the matter said on Tuesday.

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