SK Hynix bargains for chip equipment exports to its China facility in return for building a factory in US

Key takeaways

SK Hynix seeks U.S. approval to send chip equipment to its China factory as a condition for building a U.S. semiconductor plant.

• Solidigm plans to build a NAND flash chip factory in the U.S., possibly in upstate New York.
• SK Hynix wants to use its Dalian factory in China to boost NAND chip production with U.S. equipment.
• U.S. restrictions on chip exports to China have been tightened, but exceptions are still granted.

Summarised automatically by AI from the original article by TechCrunch. AI can make mistakes, so check the original for details.