Introducing Solidigm – A Market Leader in NAND Flash Technology
Solidigm [https://www.solidigmtechnology.com] launches today as a standalone U.S. subsidiary of South Korean semiconductor supplier SK hynix Inc.
The new company’s origins stem from an October 2020 agreement by SK hynix to acquire Intel's NAND and SSD business for $9B. Already a market leader in NAND memory storage for the data center, Solidigm is now poised to become the go-to partner for customers in solid-state memory storage with SK hynix's global presence. The company’s name, pronounced [saa-luh-dime], reflects its commitment to create a new paradigm of solid-state storage that provides unmatched customer service and revolutionizes the memory storage industry.
Headquartered in San Jose, California, Solidigm will be led by Robert (Rob) B. Crooke as CEO. Crooke was previously senior vice president and general manager of Intel’s Non-Volatile Memory Solutions Group. Crooke leads a team of senior executives with a proven track record of success in the memory storage industry. Additionally, Lee Seok-hee, president and co-CEO of SK hynix, will be appointed executive chairman of Solidigm and will lead the post-merger integration processes after the first closing.
“The establishment of Solidigm is an unprecedented opportunity to reinvent the data memory and storage industry,” said Crooke. “As a global leader of innovative NAND products and solutions, we are committed to expanding the possibilities of data that fuel human advancement – all while building a team culture that enables agility and excellence.”
With the first phase of the transaction complete, work is underway at Solidigm on a forward-moving strategy and product roadmap that will focus on growing the memory ecosystem to the benefit of customers, partners and shareholders.
A second phase of the transaction is expected to occur in or after March 2025, during which SK hynix will acquire remaining assets from Intel, including IP related to the manufacture and design of NAND flash wafers, R&D employees for NAND flash wafers, the Dalian fab workforce, and the other associated tangible/intangible assets.
About Solidigm
Solidigm is a leading global provider of innovative NAND flash memory solutions. Solidigm technology unlocks data’s unlimited potential for customers, enabling them to fuel human advancement. Born of the combination of Intel’s longstanding innovation in memory products and SK hynix’s international leadership and scale in the semiconductor industry, Solidigm became a standalone U.S. subsidiary under SK hynix in December 2021. Headquartered in San Jose, CA, Solidigm is powered by the inventiveness of close to 2,000 employees in 20 locations around the world. For more information about Solidigm, please visit https://www.solidigmtechnology.com.
About SK hynix, Inc.
SK hynix, headquartered in Korea, is the world’s top-tier semiconductor supplier offering dynamic random access memory chips (“DRAM”), flash memory chips (“NAND flash”) and CMOS image sensors (“CIS”) for a wide range of distinguished customers globally. SK hynix’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211229005325/en/
Contact information
Solidigm
Corporate Affairs
Rhonda Foxx
Catherine Roberts
press@solidigmtechnology.com
SK hynix Inc. Global Public Relations
SK hynix Inc.
Global Public Relations
Technical Leader
Jaehwan Kevin Kim
global_newsroom@skhynix.com
Technical Leader
Kanga Kong
global_newsroom@skhynix.com
Technical Leader
Eun Suk Yixi Lee
global_newsroom@skhynix.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Kemwell Biopharma Facility in Bengaluru Successfully Completes U.S. FDA Inspection for Commercial Drug-Product Manufacturing28.10.2025 08:00:00 EET | Press release
Kemwell Biopharma Pvt Ltd (“Kemwell”), a leading global biologics Contract Development and Manufacturing Organization (CDMO), announced today that its drug-product manufacturing facility in Bengaluru has successfully completed a U.S. Food and Drug Administration (FDA) pre-approval inspection (PAI) and is now cleared for the commercial manufacturing and testing of injectable products destined for the U.S. market. This milestone marks the approval of the first product to get U.S. FDA clearance for commercial supply from Kemwell’s Bengaluru drug-product facility since the site became a dedicated biologics campus eight years ago. It demonstrates the company’s ability to meet stringent current Good Manufacturing Practice (cGMP) and aseptic drug-product manufacturing standards. “Achieving FDA clearance for commercial manufacturing from our Bengaluru site marks a defining moment in Kemwell’s growth journey,” said Anurag Bagaria, Chairman and CEO, Kemwell Biopharma. “It reflects our team’s ste
Uzbekistan's National Payment System HUMO and Ant International’s Alipay+ Partner to Facilitate Cross-Border QR Payments28.10.2025 07:55:00 EET | Press release
Alipay+, Ant International’s global wallet gateway, and HUMO, the national payment system in Uzbekistan, announced the partnership in Beijing to facilitate inbound and outbound cross-border QR payments. The Octomobile app by Octobank will be the first Uzbek e-wallet integrated with Alipay+, with more HUMO-connected local e-wallets and bank apps expected to join by the end of the year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251027737149/en/ The delegation from HUMO and Octomobile experienced Alipay+ payments at Beijing's Wukesong Wanda Plaza HUMO has become the tenth national QR code network to partner with Alipay+. In the initial phase, HUMO users from Uzbekistan will be able to travel in China and over 50 other countries—including Kazakhstan, Thailand, UAE, United States and beyond—effortlessly for payments in Uzbek som through their preferred home payment methods / banking apps, across their travel experience, incl
e.l.f. Beauty Releases FY2025 Impact Report with Emphasis on ‘ the Every ’28.10.2025 06:01:00 EET | Press release
e.l.f. Beauty (NYSE: ELF), a purpose-led, results-driven company on a mission to make the best of beauty accessible to every eye, lip and face, today released its fourth annual Impact Report. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251027352775/en/ e.l.f. Beauty releases 4th annual Impact Report, emphasizing it’s evolved purpose statement: to make the world a better place for every eye, lip and face. The digital-first report is built around the theme of “the every”— a reflection of e.l.f.’s commitment to be a bold disruptor with a kind heart. To amplify the message behind the Impact Report, e.l.f. also launched a bold, international consumer campaign: “Give an e.l.f.” The campaign features voices of kindred spirits and encourages the community to fuel their own sense of purpose. “Sharing our Impact Report is one of my proudest moments each year as we see the collective highlights of living our vision to be a different
Geoswift Integrates with Circle Payments Network to Offer Stablecoin-Powered Real-Time Settlements in Cross-Border Payments28.10.2025 01:04:00 EET | Press release
Geoswift, a leading provider of cross-border payment services and solutions globally, today announced its integration with Circle Payments Network (CPN). Geoswift integrates its banking infrastructure with stablecoin-powered settlement system, enabling real-time, compliant, and cost-efficient B2B payments worldwide. Building on its role as an Originating Financial Institution (OFI) within CPN, Geoswift enables clients to expand into Latin America. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251024721293/en/ Raymond Qu, Group CEO and founder of Geoswift, and Sunil Sharma, VP Product Management at Circle, celebrating the partnership in Las Vegas. “Geoswift has built a trusted track record in delivering secure, compliant settlements across Asia Pacific, North America, Europe, and the Middle East. By joining Circle Payments Network, we are modernizing that global reach with real-time stablecoin infrastructure — creating faste
Thredd Enters the Credit Space Partnering with LoanPro to Power Next-Generation Credit Capabilities27.10.2025 23:00:00 EET | Press release
Thredd, the leading next-generation global payments processor, today announced its selection of LoanPro, the modern credit platform, to underpin Thredd’s new suite of credit solutions for fintechs and financial organizations. The partnership marks a significant milestone in Thredd’s strategy to deliver full-stack embedded issuing and processing capabilities inclusive of credit, debit and prepaid. By integrating LoanPro’s advanced, composable credit infrastructure with Thredd’s next gen real-time card issuance and processing capabilities, including digital wallets and embedded fraud detection, clients will be able to design, launch and scale differentiated credit products with unprecedented speed and personalization. The collaboration leverages LoanPro’s category-leading expertise in powering innovative credit programs for leading financial organizations, while reinforcing Thredd’s position as a platform-first global player. “Credit-based value propositions drive not only more opportuni
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom