LONDON—Memory chip manufacturer Hynix Semiconductor Inc is changing its name to SK Hynix Inc. This comes after mobile network operator SK Telecom Co Ltd completed the acquisition of a 21 percent stake in Hynix for 3.34 trillion won (about $3 billion) in February.
Hynix shareholders approved the name change March 23, according to a Marketwatch report and the company's Hynix website already redirects to www.skhynix.com and shows the name SK Hynix in logo form.
This story was originally posted by EE Times.
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