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Numonyx increases stake in Wuxi JV fab with Hynix
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Hynix Semiconductor has sold a further share in its 300mm fab in Wuxi, China to Numonyx for approximately $100 million. Hynix’s stake in the fab will now fall to 72.3 percent, compared to 83.3 percent previously. The deal should be completed by year-end.
Initially, the Wuxi fab was a joint venture operation between Hynix and STMicroelectronics making NAND flash on 200mm wafers, while Hynix produced DRAM for the Chinese market on 300mm wafers. Numonyx took over the partnership when Intel and STMicroelectronics merged their memory operations.