SK Hynix and Intel have reached a deal to sell Intel's NAND memory business for US$9 billion over the next 5 years. The sale includes Intel's NAND IPs and a NAND manufacturing facility in China.
https://www.notebookcheck.net/SK-Hynix-buys-Intel-s-NAND-business-for-US-9-billion.498665.0.html