EghtesadOnline: A consortium led by South Korea's SK Hynix Inc has offered to pay more than $9 billion for a majority stake in Toshiba Corp's memory chip business, the Maeil Business Newspaper reported on Wednesday citing unnamed sources.

EghtesadOnline: SK Hynix Inc., the world’s second-largest memory chipmaker, will spend 3.16 trillion won ($2.6 billion) boosting production to meet growing demand for mobile and computer storage.