SK Hynix US Chip Plans Face US Friction
US officials are withholding approval for chipmaking equipment needed by SK Hynix to expand production in China. The delay complicates the South Korean chipmaker's planned multi-billion-dollar memory plants in New York.
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SK HYNIX INC faces a roadblock in United States export policy as officials stall equipment licenses for its memory-chip operations in China, threatening $45B in planned investments.
