'SK Hynix Conditions New US Factory On More US Chip Equipment Exports To China, Sources Say' - Reuters Exclusive
Benzinga Newsdesk 2 weeks ago
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Hynix is seeking new equipment for unused space in Dalian facilityPlant produces memory for SSDs that Solidigm sells to data centersExpanded production from China would help Solidigm fund a new US NAND facilitySouth
- Hynix is seeking new equipment for unused space in Dalian facility
- Plant produces memory for SSDs that Solidigm sells to data centers
- Expanded production from China would help Solidigm fund a new US NAND facility
South Korea's SK Hynix is seeking approval from Washington to export US chipmaking equipment to China to increase production there as a condition for building a factory in the US, two people familiar with the matter said on Wednesday.
The Trump administration is pressing SK Hynix, Samsung and other foreign chipmakers to build plants in the US in a drive to rebuild US manufacturing capacity and create jobs.