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Cypress and SK hynix system ic Receive Regulatory Approvals for Closing of Joint Venture

CY

SAN JOSE, Calif.--(BUSINESS WIRE)--Cypress Semiconductor Corp. (NASDAQ: CY), today announced that it has received regulatory antitrust approval for the closing of its joint venture with SK hynix system ic, Inc., which was initially announced on October 25, 2018. The joint venture, SkyHigh Memory Limited, is expected to begin full operations on April 1, 2019.