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SK Hynix's US Plant Plan Hits Snags as Export License for CN Chip Equipment Yet to Be Approved: Wire
2026-11-04 08:34:42 The plan by SK hynix's US chip company Solidigm to build a plant in the US has encountered obstacles because the US has yet to approve export licenses for chip production equipment shipments to China, Reuters, citing sources, reported. SK hynix has been seeking US export licenses to introduce equipment to its Dalian plant, and believes that increasing production capacity at the Dalian facility would help provide funding for its US plant construction plan. Solidigm is reportedly targeting an investment of USD45 billion to build two NAND flash memory chip plants in New York State, while total future investment could reach USD100 billion. ~ AASTOCKS Financial News Website: www.aastocks.com | |