S. Korea's SK Hynix to buy US firm for $248 mln

South Korea's SK Hynix said Wednesday it would buy a US-based IT firm for $248 million to strengthen the performance of its flash memory devices, used in smartphones and tablet computers.

Hynix Semiconductor's net loss sharply narrows

Hynix Semiconductor Inc., the world's second-largest memory chip maker, said Friday its net loss narrowed sharply in the second quarter as a global supply glut eased.

Idaho high court rejects Micron price-fixing claim

(AP) -- The Idaho Supreme Court has refused to revive a lawsuit brought by a shareholder who claimed Micron Technology's top officials were taking part in a price-fixing scheme.

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