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South Korea’s SK Hynix, Samsung Elec sign $950bn partnership with US big tech

SEOUL: South Korea’s Samsung Electronics and SK Hynix will pursue memory chip supply partnership with U. S. big tech companies including Nvidia worth $950 billion overall, South Korea’s presidential adviser said on Saturday. It includes the long-term supply of $750 billion in memory chips to U. S. companies by SK Hynix and $200 billion in chips by Samsung Electronics to Broadcom, the presidential adviser, Kim Yong-beom, told a briefing. Samsung cuts US jobs, offers relocations ahead of HQ move

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