Micron ups bid for Hynix

Infineon lurks in the wings...
Written by Aled Herbert, Contributor

Infineon lurks in the wings...

Micron has increased its bid for Hynix Semiconductor following reports that Infineon has also placed a bid for the South Korean chip company. The US company raised its $3.1bn bid for the memory chip business to $3.8bn after Hynix admitted it had entered talks with Infineon and also Samsung Electronics. Hynix is more than $6bn in debt.
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