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SK hynix's New York chip plant held up by US export limits, Reuters says

NewsFeeds update

SK hynix wants to fund two NAND plants in Marcy, New York, partly by expanding output in Dalian, but US export licences for the equipment are pending. Its Solidigm unit plans to invest about $45bn, with long-term spending possibly reaching about $100bn.

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The story so far: Solidigm US chip plant plans

Solidigm, the US unit of SK Hynix, is discussing a $45bn US factory with the US Commerce Department. SK hynix now wants to fund two NAND plants in Marcy, New York, partly by expanding output in Dalian, but US export licences for the equipment are pending.

  1. SK Hynix unit Solidigm in talks with US Commerce Department over $45bn US plant

    People familiar with the matter confirmed that Solidigm, the US subsidiary of SK Hynix, is discussing a $45bn US factory with the US Commerce Department.

    AIChainCatcherAINeutral

  2. SK hynix's New York chip plant held up by US export limits, Reuters says

    SK hynix wants to fund two NAND plants in Marcy, New York, partly by expanding output in Dalian, but US export licences for the equipment are pending. Its Solidigm unit plans to invest about $45bn, with long-term spending possibly reaching about $100bn.

    AIChainCatcherAINeutral

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