A look at SK Hynix's NAND flash memory chip plant in Dalian, China, acquired from Intel for $9B in 2020, which is now in limbo because of US-China export rules
Bloomberg : X: @mackhawk , @samkimasia , @samkimasia , and @pstasiatech X: Mackenzie Hawkins / @mackhawk : New: South Korea's economy relies heavily on chips. That makes it especially vulnerable to US efforts to cut dependence on China & constrain Beijing's access to key tech Via @JDMayger & @samkimasia, w/ help from @ianmking, Heejin Kim, @SheryAhnNews & me https://www.bloomberg.com/... Sam Kim / @samkimasia : South Korea is an important partner in US strategies to “de-risk” global supply chains from China in technology. But it's easier said than done considering Samsung and SK Hynix have made huge investments in China. https://www.bloomberg.com/... [image] Sam Kim / @samkimasia : South Korea is investing overwhelmingly more in the US than in China now, a sign of shifting economic dependence amid geopolitical tensions between Washington and Beijing https://www.bloomberg.com/... [image] Paul Triolo / @pstasiatech : Competition between the US and China is heating up and South Korea is caught in the crosswinds, with its chip companies most exposed https://www.bloomberg.com/...