World’s most valuable memory chip maker to US: Accept this ‘China condition’ if you want us to build factories in America
SK Hynix is reportedly seeking US approval to expand its China operations. According to a report by the news agency Reuters, the South Korean memory chipmaker wants Washington’s permission to export additional US-made semiconductor manufacturing equipment to its Dalian facility in China. The report cited two people familiar with the matter, who said SK Hynix has made this a condition for funding its planned investment in American manufacturing.
The report claims that the company’s US unit, Solidigm, is seeking an export licence to install equipment for producing NAND flash memory chips in unused space at the Chinese site.
