The US government is withholding approval for exports of US-made semiconductor manufacturing equipment to South Korean semiconductor major SK hynix, sources said. The move is expected to make it more difficult to proceed with plans to expand production in China and could also affect construction of a new plant.
The US government has put on hold export approval for US-made semiconductor manufacturing equipment that South Korean semiconductor major SK hynix needs to expand production in China, people familiar with the matter said.
The article does not specify the precise reason for or duration of the approval hold, but sources said the move could directly affect plans to expand production capacity in China.
The hold is fueling concern among those familiar with the matter that plans to build a new plant could be adversely affected, and attention is focused on further information.