SK Hynix has restarted construction on the second phase of its NAND flash memory production base in Dalian, China, a move expected to boost capacity by about 50%, according to South Korea's Seoul Economic Daily. The facility was first launched four years ago but was halted for an extended period due to the memory market downturn. The company plans to complete the installation of semiconductor manufacturing equipment within this year and begin commercial production in the first half of next year. The Dalian investment cycle is reopening after a four-year gap, driven by surging demand for enterprise solid-state drives as AI data centers spread. NAND prices have jumped nearly tenfold in a year, the report said.
SK Hynix is restarting construction on the second phase of its NAND flash memory production base in Dalian, China, aiming to lift capacity by around 50%, according to South Korea's Seoul Economic Daily.
The project was originally started four years ago, but work was suspended for a long period as the memory market weakened. SK Hynix now plans to finish installing semiconductor production equipment within this year, with mass production expected to start in the first half of next year.
The return to construction in Dalian after a four-year pause follows a sharp increase in demand for enterprise solid-state drives as AI data centers expand. NAND prices have climbed nearly tenfold over the past year, the report noted.
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