SK Hynix is considering selling equity in its Chongqing, China factory and has begun selecting advisory firms, according to Odaily. The plant's enterprise value is estimated at about $3 billion if a deal is reached, with potential investors including Chinese funds and local enterprises.
Memory chip maker SK Hynix is exploring a sale of its stake in a Chongqing, China factory, according to Odaily. The company is already working on selecting advisory institutions and studying options such as bringing in outside investors.
If a transaction goes through, the plant's enterprise value is expected to be around $3 billion. Potential investors include Chinese funds and local enterprises.
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