US Officials Hold Up Approval for SK Hynix China Chipmaking Equipment
People familiar say US officials have held up approval for American chipmaking equipment SK Hynix needs to expand production in China.
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06:48:56 PM UTC
SquawkNews
By Karen FreifeldUS officials have held up approval for American chipmaking equipment needed by SK Hynix KRX:000660 to expand production in China, complicating the South Korean chipmaker's plans for new memory-chip plants in New York, according to people familiar with the matter.SK Hynix is seeking…