1 Min Read
SEOUL, June 21 (Reuters) - South Korea's SK Hynix Inc on Wednesday said it was part of a Japan-led consortium picked as the preferred bidder for Toshiba Corp's memory business.
A SK Hynix spokesman said the firm took part in the consortium to seek new business opportunities, but declined to give further details.
Earlier on Wednesday, Toshiba said its board had chosen a Japanese government-led consortium as the preferred bidder for the conglomerate's prized flash memory chip business. (Reporting by Se Young Lee, Writing byJoyce Lee; Editing by Himani Sarkar)