SK makes bold acquisition of wafer maker

Korean conglomerate is paying $530 million to acquire a controlling 51% stake in silicon wafer manufacturer LG Siltron.

South Korean conglomerate SK Holdings took a bold step to bolster its chip-making capabilities this week, announcing a W620 billion ($530 million) all-cash offer for a majority stake in silicon wafer manufacturer LG Siltron.

¬ Haymarket Media Limited. All rights reserved.

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