http://www.ft.com/cms/s/0/38261ad6-1d1e-11dd-82ae-000077b07658.html?nclick_check=1
Sukgu's comment - Hynix decided to buy 10% of shares of Taiwanese chip maker, ProMOS Technologies amid worst downturn that has been resulted from overcapacity. Hynix tried to strenghthen its strategic partnership with ProMOS, and ProMOS will supply its products to Hynix in return for the tranfer of Hynix technology.
From the personal perspective, I don't see any synergy in this partnership. If Hynix falls short of its capacity and needs outside source to fullfill the demands from the market, I think this kind of decision is reasonable. However, the main reason of current downturn in the semiconductor chip market is from overcapacity. Then, what would be the benefit? Because of the lack of information about this decision, I might be wrong. However, I'm still wondering about the main reason.
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