Thursday, 15 October, 2026
Chips, Trade, and Ultimatums: SK Hynix Links US Factory Plans to China Export Approvals
By TechShots Studio
Memory chip giant SK Hynix is reportedly tying its funding for planned US manufacturing facilities to a major condition: Washington must approve export licenses allowing the company to install equipment and expand flash memory operations at its Dalian plant in China. As the US pushes for domestic chip production while tightening tech restrictions against Beijing, SK Hynix hopes its Chinese production will help finance its American expansion.
Read full story at TIMES OF INDIA