Draining chip demand encourages SK hynix to sell water facilities
newscatcher
2023-07-10 10:34
Draining chip demand encourages SK hynix to sell water facilities
SK hynix headquarters in Icheon, Gyeonggi [NEWS1] SK hynix plans to sell off its water treatment facilities to secure an estimated 1 trillion won ($766 million) in the face of deteriorating financial conditions caused by slumping demand for chips. The memory chipmaker said Monday it is considering selling its water treatment facilities in Icheon, Gyeonggi to SK reit, SK Group's real estate investment trust subsidiary. The chipmaker will rent the facilities from SK reit after the selloff, the company said.

https://n.news.naver.com/mnews/article/640/0000040576?sid=101

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