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

SEOUL, July 25 : 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.