SK Hynix's New York chip plans hit snag over US limits on China
SK Hynix's New York chip plans hit snag over US limits on China
SK Hynix's New York chip plans hit snag over US limits on China
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- South Korean chipmaker SK Hynix's plans for new memory-chip plants in New York have run into trouble because American officials have held up export licences for US chipmaking equipment it wants for its plant in Dalian, China, sources told Reuters.
- The company argues that higher output in Dalian would help pay for its US expansion, but the Commerce Department has not yet approved the licences.
- Its Solidigm unit plans to invest about 45 billion dollars in two chip plants in Marcy, New York, with investment possibly reaching 100 billion dollars over time.
- South Korean chipmaker SK Hynix's plans for new memory-chip plants in New York have run into trouble because American officials have held up export licences for US chipmaking equipment it wants for its plant in Dalian, China, sources told Reuters.
- The company argues that higher output in Dalian would help pay for its US expansion, but the Commerce Department has not yet approved the licences.
- Its Solidigm unit plans to invest about 45 billion dollars in two chip plants in Marcy, New York, with investment possibly reaching 100 billion dollars over time.
- South Korean chipmaker SK Hynix's plans for new memory-chip plants in New York have run into trouble because American officials have held up export licences for US chipmaking equipment it wants for its plant in Dalian, China, sources told Reuters.
- The company argues that higher output in Dalian would help pay for its US expansion, but the Commerce Department has not yet approved the licences.
- Its Solidigm unit plans to invest about 45 billion dollars in two chip plants in Marcy, New York, with investment possibly reaching 100 billion dollars over time.
South Korean chipmaker SK Hynix's plans for new memory-chip plants in New York have run into trouble because American officials have held up export licences for US chipmaking equipment it wants for its plant in Dalian, China, sources told Reuters. The company argues that higher output in Dalian would help pay for its US expansion, but the Commerce Department has not yet approved the licences. Its Solidigm unit plans to invest about 45 billion dollars in two chip plants in Marcy, New York, with investment possibly reaching 100 billion dollars over time. The talks raise a wider question for Washington: how far to bend export controls meant to keep US technology from helping China's military, in order to bring chipmaking investment home.
South Korean chipmaker SK Hynix's plans for new memory-chip plants in New York have run into trouble because American officials have held up export licences for US chipmaking equipment it wants for its plant in Dalian, China, sources told Reuters. The company argues that higher output in Dalian would help pay for its US expansion, but the Commerce Department has not yet approved the licences. Its Solidigm unit plans to invest about 45 billion dollars in two chip plants in Marcy, New York, with investment possibly reaching 100 billion dollars over time. The talks raise a wider question for Washington: how far to bend export controls meant to keep US technology from helping China's military, in order to bring chipmaking investment home.
South Korean chipmaker SK Hynix's plans for new memory-chip plants in New York have run into trouble because American officials have held up export licences for US chipmaking equipment it wants for its plant in Dalian, China, sources told Reuters. The company argues that higher output in Dalian would help pay for its US expansion, but the Commerce Department has not yet approved the licences. Its Solidigm unit plans to invest about 45 billion dollars in two chip plants in Marcy, New York, with investment possibly reaching 100 billion dollars over time. The talks raise a wider question for Washington: how far to bend export controls meant to keep US technology from helping China's military, in order to bring chipmaking investment home.
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