But on the same day, the board of Hynix, a cash-strapped memory-chip giant, shocked the markets by rejecting a proposed takeover by Micron Technology, an American competitor.

但是，就在同一天，急需现金的存储类芯片巨人Hynix公司的董事会断然拒绝了美国的一家竞争对手——美国美光科技公司——的收购建议，此举令市场大为震惊。

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That sale should leave TI completely free of the cash-sucking memory business by the end of September.

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While the financial crisis is a fresh memory, he thinks attributing the cash hoarding of the past few years to the 2008 meltdown is a red herring.

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