Following regulatory approval, SK Hynix will initially pay Intel a sum of $7 billion, while the rest will be given in 2025.
SK Hynix touts a DDR5 RAM transfer rate of 4,800 ~ 5,600 Mbps, which is said to be 1.8 times faster than what DDR4 sticks can deliver.
The mobile memory chip market is dominated by Samsung and SK Hynix may be able to finally take on its domestic cohort with this deal.
Apple is throwing its weight around by commanding a lot of production capacity for memory chips, leaving the competition in jitters.
The potential-brimming chip division of the otherwise struggling Toshiba Corporation has reportedly attracted Apple's interest now.