SK Hynix's New York chip plans hit snag over US restrictions on China, sources say

Korea Times News ·
Business Manufacturing United States

U.S. officials have held up approval for American chipmaking equipment needed by SK Hynix to expand production in China, complicating the South Korean chipmaker's plans for new memory-chip plants in New York, according to people familiar with the matter. SK Hynix is seeking U.S. export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned U.S.…

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