Hynix news are trickling across the web. Bloomberg reports that Hynix seeks alliances for image sensor chips. "We will be trying to forge alliances with the major players in this sector," Hynix CEO Kim Jong Kap said in an interview in Seoul.
It had been prevented from entering such businesses under a 2002 bailout, which led to a Citigroup Inc. buyout fund acquiring the Korean chipmaker's non- memory unit to help stave off bankruptcy. "To compensate for lost time, Hynix's likely option is to partner with a bigger maker or a fabless design manufacturer," said Lee Sun Tae, an analyst at Meritz Securities Co. in Seoul, without naming potential candidates.
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