SK Hynix's US$299 billion chip plan faces military base hurdle

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SK Hynix's US$299 billion chip plan faces military base hurdle

SK Hynix's proposed KRW400 trillion (approx. US$299 billion) semiconductor expansion in southwestern South Korea faces a major obstacle as the company races to increase memory production capacity: the planned manufacturing site includes military facilities used by US forces, complicating construction timelines as competition intensifies with Micron Technology and Chinese chipmakers.

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