Saturday, August 25, 2007

Hynix to Repurchase Magnachip?

The Korea Times: In July, Hynix CEO Kim Jong-gab said the company was ready to enter the non-memory semiconductor business. Officials say the detailed plans on the new business, including the repurchase of MagnaChip, will be unveiled after October 3.

In 2004 Hynix separated from its non-memory business, which became MagnaChip Semiconductor.

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