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Hynix name change reflects SK investment
Peter Clarke
3/23/2012 11:39 AM EDT
LONDON – Memory chip manufacturer Hynix Semiconductor Inc. is changing its name to SK Hynix Inc. This comes after mobile network operator SK Telecom Co. Ltd. completed the acquisition of a 21 percent stake in Hynix for 3.34 trillion won (about $3 billion) in February.
Hynix shareholders approved the name change today (March 23) according to a Marketwatch report and the company's Hynix website already redirects to www.skhynix.com and shows the name SK Hynix in logo form.
Related links and article:
www.skhynix.com
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