SK Hynix says it has no intention of acquiring Intel's Ohio chip plant
Earlier media reports claimed that the Korean semiconductor manufacturer was negotiating an acquisition. SK Hynix subsequently stated that it has no relevant acquisition plans for the US chip production park. An SK Hynix spokesperson responded by phone: "We have no acquisition plans." An Intel spokesperson said: "Intel continues to work hard on the Ohio project, and we will continue to invest funds to advance the preparatory work for the factory." South Korea's "Central Daily News" released exclusive news. The report quoted anonymous industry insiders as saying that SK Hynix is negotiating to acquire Intel's semiconductor park in Ohio, with the goal of mass-producing memory chips in the United States within five years.