“Studying other industries that China entered (Smartphones, Solar, LCD to name a few), it is clear that once China enters an industry it will not stop until it dominates the market with value and economics being destroyed every single time. SK Hynix very well aware of this, which is a key reason why they declined Tsinghua’s proposal in our opinion,” wrote Bernstein Research‘s Mark Newman. Phew.
SK Hynix rejects $5.3 billion investment offer from Tsinghua
Posted on Thursday, November 26 2015 @ 14:35 CET by Thomas De Maesschalck