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Sunday, 8 November 2026 IST

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China curbs cloud SK Hynix’s NY chip plans

US officials have held up approval for American chipmaking equipment needed by SK Hynix to expand production in China, complicating the South Korean chipmaker's plans for new memory-chip…

Attributed summary

US officials have held up approval for American chipmaking equipment needed by SK Hynix to expand production in China, complicating the South Korean chipmaker's plans for new memory-chip plants in New York, according to people familiar with the matter.SK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there…

Read the original report — Economic Times

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