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

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 04 Nov, 08:35 UTC

SK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US expansion. But the Commerce Department has yet to approve the new licenses, the people said. Its Solidigm unit plans to invest about $45 billion and build two…

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• T1SK Hynix's New York chip plans hit snag over US restrictions on China, sources sayEconomic Times — Tech / Technology / Startups / ETTelecom04 Nov, 08:35