US-China tech war clouds SK Hynix plan to upgrade Wuxi memory chip plant

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 US 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 victim of the geopolitical struggle between the United States and…

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