Wednesday, 4 November, 2026
Tech War Catch-22: SK Hynix’s $45B New York Plant Stalls Over China Rules
By TechShots Studio
SK Hynix’s plans for a $45 billion semiconductor expansion in New York through its subsidiary Solidigm have hit a roadblock. US officials are withholding export approvals for chipmaking equipment needed to upgrade the company’s Dalian plant in China. Because SK Hynix relies on revenue from its Chinese facility to finance the American project, strict export controls threaten both operations.
Read full story at REUTERS