Edition:
India

SK Hynix Inc (000660.KS)

000660.KS on Korea Stock Exchange

73,300.00KRW
19 Jan 2018
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₩-1,900.00 (-2.53%)
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₩75,200.00
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₩75,300.00
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₩73,000.00
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Latest Key Developments (Source: Significant Developments)

Western Digital In Connection With Settlement With Toshiba, Enters Into A 6 Year Facility Agreement
Wednesday, 13 Dec 2017 

Dec 12 (Reuters) - Toshiba Corp <6502.T>::WESTERN DIGITAL CORP - ENTERED INTO SETTLEMENT AGREEMENT WITH BAIN CAPITAL & CERTAIN OTHER AGREEMENTS WITH TMC RELATED TO OPERATION OF JOINT VENTURES.WESTERN DIGITAL CORP - IN CONNECTION WITH SETTLEMENT WITH TOSHIBA, ON DEC 12, WESTERN DIGITAL ENTERED INTO A Y6 FACILITY AGREEMENT.WESTERN DIGITAL CORP SAYS TMC OWNS AND IS FUNDING CONSTRUCTION OF FAB 6 - SEC FILING.WESTERN DIGITAL CORP - UNDER Y6 FACILITY AGREEMENT, CO IS COMMITTED TO FUND 50% OF FAB 6'S START-UP COSTS, AS WELL AS 50% OF JV'S PORTION OF PHASE II.WESTERN DIGITAL CORP - CO REQUIRED UNDER Y6 FACILITY AGREEMENT TO PREPAY ABOUT $60 MILLION IN JAN 2018 TOWARD FAB 6 BUILDING DEPRECIATION.WESTERN DIGITAL -UNDER Y6 AGREEMENT, CO’S SHARE OF INITIAL COMMITMENT SEEN TO BE ABOUT $950 MILLION; COSTS TO BE INCURRED PRIMARILY THROUGH 2018.WESTERN DIGITAL- CO EXPECTS TO FUND PORTION OF INITIAL COMMITMENT, BUILDING DEPRECIATION PREPAYMENT WITH CASH ON HAND, THROUGH OTHER FINANCING SOURCES.WESTERN DIGITAL -WITH Y6 FACILITY AGREEMENT, CO, SANDISK AND TMC ALSO AGREED TO EXTEND THEIR JOINT RESEARCH AND DEVELOPMENT ACTIVITIES AT YOKKAICHI FACILITY TO FAB 6.  Full Article

Toshiba And Western Digital Reach Global Settlement And Agree To Strengthen Flash Memory Collaboration
Wednesday, 13 Dec 2017 

Dec 12 (Reuters) - Western Digital Corp ::PRESS RELEASE - TOSHIBA AND WESTERN DIGITAL REACH GLOBAL SETTLEMENT AND AGREE TO STRENGTHEN FLASH MEMORY COLLABORATION.WESTERN DIGITAL CORP - TMC AND WESTERN DIGITAL WILL PARTICIPATE JOINTLY IN FUTURE ROUNDS OF INVESTMENT IN FAB 6.WESTERN DIGITAL CORP - FLASH ALLIANCE WILL BE EXTENDED TO DECEMBER 31, 2029 AND FLASH FORWARD TO DECEMBER 31, 2027.WESTERN DIGITAL - TOSHIBA, TMC AND WESTERN DIGITAL HAVE AGREED TO WITHDRAW ALL PENDING LITIGATION AND ARBITRATION ACTIONS.WESTERN DIGITAL - TMC & CO INTEND TO ENTER INTO AGREEMENTS IN DUE COURSE UNDER WHICH CO WILL PARTICIPATE IN NEW FLASH WAFER FABRICATION FACILITY.WESTERN DIGITAL CORP - PARTIES HAVE AGREED ON MUTUAL PROTECTIONS FOR THEIR ASSETS AND CONFIDENTIAL INFORMATION IN CONNECTION WITH SALE OF TMC.WESTERN DIGITAL CORP - AGREEMENT TO RESOLVE ALL OUTSTANDING DISPUTES ENSURES THAT ALL PARTIES ARE ALIGNED ON TOSHIBA'S SALE OF TMC TO K.K. PANGEA.WESTERN DIGITAL CORP - TOSHIBA ALSO REMAINS ON TRACK TO COMPLETE TRANSACTION WITH CONSORTIUM LED BY BAIN CAPITAL BY END OF MARCH 2018.  Full Article

Netlist Comments On Patent Infringement Actions Against SK Hynix
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Netlist Inc ::NETLIST COMMENTS ON PATENT INFRINGEMENT ACTIONS AGAINST SK HYNIX.NETLIST - CONFIRMED MORE DETAILS ON INITIAL DETERMINATION RECEIVED FROM U.S. ITC IN INVESTIGATION OF SK HYNIX RDIMM, LRDIMM ENTERPRISE MEMORY PRODUCTS.NETLIST INC - EXPECTS U.S. ITC'S INVESTIGATION INTO SK HYNIX'S RDIMM AND LRDIMM PRODUCTS WILL PROCEED QUICKLY, WITH A TRIAL LIKELY IN MID-2018.NETLIST - EXPECTS PRELIMINARY INFRINGEMENT RULING IN JAN, 2018, FROM COURT IN MUNICH WHERE CO HAS ASSERTED PATENT CLAIMS RELATED TO THE ITC PROCEEDINGS.  Full Article

Toshiba: Always Open For Settlement With Western Digital, But Nothing Concrete Decided Yet
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Toshiba Corp <6502.T> said::ALWAYS OPEN FOR SETTLEMENT WITH WESTERN DIGITAL, BUT NOTHING CONCRETE DECIDED YET.  Full Article

Netlist says received ‍notice of initial determination in ITC investigation
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - SK Hynix Inc <000660.KS>:Netlist Inc - received ‍notice of initial determination in itc investigation of SK Hynix Rdimm And Lrdimm enterprise memory products​.Netlist - as per notice, ALJ bullock determined that no violation of section 337 of tariff act has been found with respect to co's patents.  Full Article

Netlist files legal proceedings for patent infringement against SK Hynix
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Netlist Inc: :Netlist Inc says has filed new legal proceedings for patent infringement against SK Hynix in United States International Trade Commission​.New ITC investigation is based on infringement of two netlist patents by SK Hynix Rdimm and Lrdimm Enterprise memory products​.  Full Article

SK Hynix says expects 2018 DRAM shipment growth to be around 20 pct vs 2017
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - SK Hynix Inc <000660.KS>::SK Hynix says expects 2018 DRAM shipment growth to be around 20 percent versus 2017.SK Hynix says expects 2018 NAND shipment growth to be around mid-30 percent versus 2017.  Full Article

Toshiba shares removed from special watch list-Tokyo bourse
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Toshiba Corp <6502.T>::Toshiba shares removed from special watch list- Tokyo bourse.  Full Article

Western Digital comments on SanDisk intellectual property, SanDisk-Toshiba JVs
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Western Digital::Western Digital comments on SanDisk’s intellectual property, consent rights, SanDisk-Toshiba joint ventures.SanDisk to seek injunctive relief to prevent Toshiba from transferring JV interests without SanDisk’s consent until arbitration is complete.Western Digital, commenting on potential settlement with Bain Capital, says Bain Capital has not contacted Western Digital.Western Digital, commenting on potential settlement with Bain Capital, says it does not have any current discussions with Bain Capital.Toshiba’s assertion that Bain-SK Hynix consortium is similar to consortium agreed to by Western Digital earlier is "inaccurate".In relation to deal with Toshiba, consortium endorsed by Western Digital did not include its competitors or customers.  Full Article

Toshiba auditor in talks towards signing off on last FY results by issuing 'opinion with qualification' - Jiji
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Toshiba Corp <6502.T>::Toshiba auditor in talks towards signing off on last FY results by issuing 'opinion with qualification' - Jiji Press.  Full Article

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China regulators start antitrust review of Toshiba chip unit sale: report

TOKYO/SAN FRANCISCO Chinese regulators have begun an antitrust review of Toshiba Corp's $18 billion deal to sell its memory chip unit, two months after the Bain Capital-led buying consortium applied for approval, the Nikkei business daily said on Friday.