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The Economic Times
The Economic Times
Technology

SK Hynix conditions new US factory on more US chip equipment exports to China

SK Hynix United States China Solidigm Donald Trump Samsung Semiconductor Dalian Commerce Department

South Korea's SK Hynix is seeking approval from Washington to export US chipmaking equipment to China to increase production there as a condition for building a factory in the US, two people familiar with the matter said on Wednesday.

The Trump administration is pressing SK Hynix, Samsung and other foreign chipmakers to build plants in the US in a drive to rebuild US manufacturing capacity and create jobs.

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