US chip curbs on China complicate SK Hynix's US$45 billion NAND plan

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US chip curbs on China complicate SK Hynix's US$45 billion NAND plan

SK Hynix's plans for a US$45 billion NAND investment in New York face a regulatory hurdle as Washington holds back approval for American chipmaking equipment needed at the company's Dalian plant in China, putting the proposed US expansion under pressure ahead of a year-end tax incentive deadline.

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