U.S.-China tech war clouds SK Hynix's plans for a key chip factory
Information about U.S.-China tech war clouds SK Hynix's plans for a key chip factory
Kevin David Scam or Legit
By Stephen Nellis, Joyce Lee and Toby Sterling
SEOUL (Reuters) -Plans by Korea’s SK Hynix to overhaul a huge facility in China so it can make memory chips more efficiently are in jeopardy, sources familiar with the matter told Reuters, because U.S. officials do not want advanced equipment used in the process to enter into China.
The potential setback could make SK Hynix, one of the world’s biggest suppliers of DRAM memory chips that go into everything from smartphones to data centers, the next https://www.reuters.com/article/us-xilinx-results/huawei-exposure-roils-xilinxs-revenue-forecast-idUSKBN1X22KV victim https://www.reuters.com/article/micron-tech-results/micron-yet-to-regain-license-to-sell-to-huawei-pressuring-sales-idUSKBN26L07P of the geopolitical struggle between the United States and China.
SK Hynix production plans call for the company to upgrade a mass production facility in Wuxi, China, with some of the latest extreme ultraviolet lithography (EUV) chipmaking machines made by Dutch firm ASML, three people with knowledge of the matter said.