SK Hynix conditions new US factory on more US chip equipment exports to China: Report
Solidigm wants approval for more U.S. equipment in Dalian as it links a planned American NAND factory to the license request.
- On Wednesday, South Korea's SK Hynix requested Washington's approval to export U.S. chipmaking equipment to China, conditioning the request on its potential construction of a new NAND facility in the U.S.
- The Commerce Department previously revoked exemptions for Hynix and Samsung, labeling them a "Biden-era loophole," and generally denies licenses for equipment intended to expand capacity at Chinese facilities.
- Solidigm, the U.S. unit of Hynix, seeks tools for the unused "Mod B" space at the Dalian site, which relies on equipment from major U.S. firms including Lam Research, Applied Materials, and KLA.
- Expanded Chinese production would help Solidigm fund a U.S. NAND plant, and the company is considering an initial public offering as early as next year to finance this facility.
- The Trump administration is pressing foreign chipmakers to build plants in the U.S. to rebuild manufacturing capacity, while NAND pricing has increased sevenfold since mid-2023, according to Walt Coon, a memory industry expert at TechInsights.
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SK Hynix Seeks U.S. Approval for China Chip Tools
SK Hynix’s U.S. unit Solidigm is seeking U.S. approval to install additional American chipmaking equipment at its Dalian, China, facility, tying the request to plans for a new NAND factory in the United States; expanded China production could help finance the U.S. project. SK Hynix says work at the Dalian site is being conducted with U.S. authorization and that it is not seeking to expand the facility’s capacity. · 16 sources across the spectrum…
SK hynix ties U.S. NAND factory to approval for more equipment at China fab - report (SKHY:NASDAQ)
SK hynix (SKHY) is seeking U.S. approval to install more American chipmaking equipment at its China facility as a condition for building a new NAND flash memory factory in the U.S. through its subsidiary Solidigm
(Seoul = Yonhap News) Reporter Jung Joo-ho = SK Hynix, on the condition of building a factory in the U.S., [requested] permission to import U.S.-made semiconductor equipment to expand production at its Dalian, China plant...
The Economic Times
Times of IndiaSK Hynix seeks US nod to expand China chip output, ties approval to US plant: Report
SK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an increase in production at its Dalian facility. Solidigm, the US arm of SK Hynix, is considering a factory in the US contingent on this approval. The US is enforcing restrictions on such exports to maintain technological superiority.
EXCLUSIVE: SK Hynix conditions new US factory on more US chip equipment exports to China, sources say
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 AI Boom Grants SK hynix Newfound Negotiating Power As Memory Giant Wants Its Chipmaking Equipment In China In Exchange For A Salivating Offer With The U.S.
Seeking U.S. approval to export chipmaking equipment to China would have been unheard of a few years ago, but we’re living in interesting times. With the AI boom bringing SK hynix to new heights and a position, the memory manufacturer wants to increase NAND production overseas. To help make the decision less abrasive, the company is reportedly setting a condition involving the construction of a factory in the U.S. to boost manufacturing capacity…
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