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SK Hynix Says Dalian Equipment Work Has U.S. Authorization

SK Hynix Says Dalian Equipment Work Has U.S. Authorization

Photo: TokenPost

SK Hynix says equipment installation at its Dalian site is proceeding with U.S. authorization, amid export controls that govern shipments to Chinese plants run by SK Hynix and Samsung. The South Korean memory-chip maker says it is not seeking to increase capacity at Mod B, a building at the Dalian facility completed in 2023. The company says the equipment work is being carried out in consultation with the U.S. government and under its authorization. The U.S. imposed restrictions on exports of advanced chips and chipmaking equipment to China in October 2022, then tightened the rules in 2023.

Source: TokenPost

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