It seems that this may not be a bad situation for the NAND employees. My opinion but SK Hynix is a memory company. That’s what they do. I believe (maybe I am biased) but intel’s employees are higher quality than old Hynix simply because intel could attract better talent due to various reasons, diversity of business, name etc.
Hynix had to get some money infusion from SK telecom which is a well run company and also can attract good talent. I believe Intel’s NAND will give them a strong employee base. It seems that intel nand employee will move to SK Hynix and Rob will be the lead of the business group. So all and all, it looks good. Sk hynix is a memory company. I am sure NAND talent will be more appreciated.
The deal doesn’t include optane. I have opinions on why.
Timeline is long like other memory deals. The first close is 1 year away.the next fab close is 2025. The timeline gives plenty of flexibility to intel employees.
So congrats, NSG colleagues. I thought it is positive especially given the fact that at intel we have constant layoffs vs. you all have stable time for at least 1 year or more...optane excluded.