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SK Hynix Seeks US Approval to Export Chipmaking Equipment to China

citing people familiar with the matter, reported that SK Hynix is seeking US approval to export chipmaking equipment to China to increase production there as a condition of building a factory in the US.

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S. approval to export chipmaking equipment to China. The company aims to increase production there, with approval a condition of building a factory in the United States. 5% in overnight trading late Wednesday.