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Technology Stocks : Micron Only Forum
MU 253.17+6.4%3:59 PM EST

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To: nolimitz who wrote (53562)2/13/2002 3:20:29 PM
From: Joe NYC  Read Replies (1) of 53903
 
Infineon seeks broader Hynix deal, sources say

FRANKFURT, Germany -- German semiconductor group Infineon Technologies AG is talking to South Korea's Hynix Semiconductor about an alliance extending beyond memory chips, industry sources said on Tuesday.

The sources told Reuters that Infineon was talking to the heavily-indebted Korean chipmaker about a partnership that could include cooperation in both memory and communication chips, confirming a report in German business newspaper Handelsblatt.

But they said talks were at an early stage and would not confirm a South Korean newspaper report on Saturday that Infineon had made an offer to buy Hynix's memory chip business.

The sources would also not confirm that Infineon was prepared to offer cash and shares to pay for an acquisition, as reported by the Handelsblatt.....

ebnews.com

Joe
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