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SK Hynix Delays Completion of China NAND Plant Amid Reduced Investment and US Import Restrictions

South Korean semiconductor company SK Hynix has postponed the completion of its new NAND flash manufacturing plant in Dalian, China, amid a reduction in investment and US government restrictions on Chinese semiconductor imports. The facility, which began construction in May 2022, was initially expected to be completed by April or May 2023.

SK Hynix decided to reduce its facility investment by approximately 50% this year in anticipation of a downturn in the semiconductor industry, which has contributed to the delay. Another significant factor is the possibility that the new plant's operation could be hindered by US government restrictions on. . .

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